Caterpillar Cowboy

mknell:

Information has no value until it’s been digested by the consumer.  You can’t assume information will always be good because someone else says it will be.  This sets up an assumption model where people will just put out crap to make their money back, since they’ve already got a subscriber paying for it.  No other content model that I’ve seen doesn’t even let you SAMPLE information before deciding to pay for it.

Letter.ly is setting up to be the land where big name blowhards make money for merely being blowhards.

(via gbattle:giantrobotlasers)

I’m no big name, so I guess I’m just a blowhard. :)

Joking aside, the fact that smart, rational people pay for my letter.ly tells me that there is a (niche) market for premium blog content. I don’t particularly care for the philosophical or economics-based arguments on either side… it’s enough for me to know that somebody (actually, 26 people) find my content worth $4/month.

You can sign up at letter.ly/dave. We’ve covered topics like: sociology concepts as they relate to social software, the impact of new angel investing ecosystem on startups, a recommendation system for individual dishes at restaurants, and how tying digital identity to Point of Sale devices will change everything.