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This draft outlines principles and guidelines for responsible data monetization. It is intended to serve as a reference point for organizations looking to monetize data in ethical, transparent, and compliant ways. This is not legal advice, and organizations should consult with legal and compliance experts to ensure that their data monetization practices are in line with local laws and regulations. This field is rapidly evolving. Responsible data monetization has the potential to unlock medical breakthroughs, support sustainable practices, improve access in underserved communities, drive economic growth and a lot more....

What attributes would the worst, least desirable businesses have? This way of thinking is surprisingly helpful for figuring out what good businesses should look like. Here’s what a high risk or bad business might look like (the more of these attributes a business has, the more difficult it will be to succeed): Very expensive to build the primary product or core service; difficult to find or rare components Takes a long time to build the product or service before it can address a real customer need and unknown if it will ever fulfill the needs...

Learnings from building a new wholly-owned venture internally within a large organization: Momentum in the early days is important (not dissimilar to traditional startups), you can build momentum by having a bias for “showing” vs “telling” and doing the “showing” in public Keep pushing even in the face of resistance, as the leader(s) of a new venture you may have more internal support and leverage than you think Find and stay tuned in to who your champions and supporters are within the broader organization (watch what they do and how they try to help, not what they say); executive turnover among supporters will be an ongoing challenge...

An attempt to use inversion to explore what you might do to not build wealth over time (in no particular order): Avoid learning new things or investing in your own education eg assume you understand the world already Stop experimenting or trying new things Do not take professional and financial risks, keep doing what feels the most comfortable Optimize for salary or hourly wages as opposed to an ownership stake and/or equity upside...