3 ms·
It's more than just having value— the key element of monetization is being able to capture that value. Some kinds of value tend to diffuse in a difficult-to-cap
by _delirium 14y ago
It's more than just having value— the key element of monetization is being able to capture that value. Some kinds of value tend to diffuse in a difficult-to-capture way, while others are easier to turn into cash that goes into your own pocket. The most valuable things I've done myself are probably things where I've captured very little of the value. I've written hundreds of Wikipedia articles that have been read by millions of people, and done a lot of work on open-source projects, but I have captured no dollars from those activities. There might be some theoretical way of capturing the value those activities have produced, but I didn't avail myself of it, and on the whole I think it's difficult. But there are other things I've done, with lower value, which have put more cash in my pocket.