From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
Share Dialog
Share Dialog
I'm writing this from a plane. I've been in the air for an hour and everything is fine, but for a few minutes before the flight, things weren't fine. At roughly the time we were supposed to board (on an already late in the evening flight), the gate attendant came over the mic to announce that there was a staffing problem on our flight, and they were "beginning the process" to get it sorted out. He'd get back to us when he had an update. Huge groan across the hot and overcrowded gate area. Then, maybe two minutes later, he gets back on the mic and says: "update on this -- we've got our staffing problem resolved, thanks to Dave!" (and points to our new flight attendant Dave, who is standing next to him, ready to board the plane, grinning). The room erupted in applause, interspersed with an extended round of "yeah Dave!" and "attaboy Dave!". Smiles everywhere. Excitement. Good mirth. Everyone was not only relieved that our flight wasn't terribly delayed, but they were more happy than if there had been no problem at all. This is an (admittedly trivial) example of one of my all-time favorite phenomena, the Service Recovery Paradox, defined on wikipedia as: "a situation in which a customer thinks more highly of a company after the company has corrected a problem with their service, compared to how he or she would regard the company if non-faulty service had been provided." Amusingly, the first example on wikipedia is a canceled flight. And it held true in this case. After the first announcement, the attitude in the room was "dammit Jetblue, get your shit together". And after the second, it was "love Jetblue because they have Dave!". But in all seriousness, it wasn't the swift recovery that mattered, it was the way the team at the gate handled it. I think about this all the time, and it just underscores how important it is not just to prevent bad things from happening, but being ready to respond really well when they do. Whether that's a hack, a bug, or just a plain old mistake. And it's a great reminder that when a problem does happen, your work isn't over; it's just beginning. And that you have the chance to not only fix it, but to make things better than they were.
I'm writing this from a plane. I've been in the air for an hour and everything is fine, but for a few minutes before the flight, things weren't fine. At roughly the time we were supposed to board (on an already late in the evening flight), the gate attendant came over the mic to announce that there was a staffing problem on our flight, and they were "beginning the process" to get it sorted out. He'd get back to us when he had an update. Huge groan across the hot and overcrowded gate area. Then, maybe two minutes later, he gets back on the mic and says: "update on this -- we've got our staffing problem resolved, thanks to Dave!" (and points to our new flight attendant Dave, who is standing next to him, ready to board the plane, grinning). The room erupted in applause, interspersed with an extended round of "yeah Dave!" and "attaboy Dave!". Smiles everywhere. Excitement. Good mirth. Everyone was not only relieved that our flight wasn't terribly delayed, but they were more happy than if there had been no problem at all. This is an (admittedly trivial) example of one of my all-time favorite phenomena, the Service Recovery Paradox, defined on wikipedia as: "a situation in which a customer thinks more highly of a company after the company has corrected a problem with their service, compared to how he or she would regard the company if non-faulty service had been provided." Amusingly, the first example on wikipedia is a canceled flight. And it held true in this case. After the first announcement, the attitude in the room was "dammit Jetblue, get your shit together". And after the second, it was "love Jetblue because they have Dave!". But in all seriousness, it wasn't the swift recovery that mattered, it was the way the team at the gate handled it. I think about this all the time, and it just underscores how important it is not just to prevent bad things from happening, but being ready to respond really well when they do. Whether that's a hack, a bug, or just a plain old mistake. And it's a great reminder that when a problem does happen, your work isn't over; it's just beginning. And that you have the chance to not only fix it, but to make things better than they were.
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