Power laws run the world. In almost every industry, a small percentage of players capture nearly all of the opportunity. Think about it—1% of people hold 99% of the wealth. The same dynamic plays out in music: 1% of artists get 99% of the streams. And in venture capital, the top 1% of funds rake in 99% of the returns.This isn’t just a stat; it’s reality. And the power law is getting worse, more extreme, and it’s everywhere. Protests outside Spotify’s offices. Strikes in Hollywood. We’re watch...

Power laws run the world. In almost every industry, a small percentage of players capture nearly all of the opportunity. Think about it—1% of people hold 99% of the wealth. The same dynamic plays out in music: 1% of artists get 99% of the streams. And in venture capital, the top 1% of funds rake in 99% of the returns.This isn’t just a stat; it’s reality. And the power law is getting worse, more extreme, and it’s everywhere. Protests outside Spotify’s offices. Strikes in Hollywood. We’re watch...