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A Primer on Idea Markets with Mike Elias
Village Global Podcast
English - July 14, 2019 12:00 - 55 minutes - 50.8 MB - ★★★★★ - 79 ratingsManagement Business Investing business entrepreneurship entrepreneur startup Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Mike Elias (@harmonylion1), crypto consultant, joins Erik on this episode to talk about idea markets.
They discuss:
- How he came up with the idea
- Examples of how this could be implemented in the real world
- The problems with the incentives of the world’s media
- Why it’s “impossible to kill an idea with force”
- How an idea market is like a mix of the Nasdaq and Reddit
- Why, as a society, we want to search for the ideas that are both “outrageous and true”
- Why William James said that we should measure ideas primarily by their usefulness
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Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.
Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.