Alex Wittenberg

SaaS wisdom teaches us narrow lessons: start by conquering a narrow market and expand from there, add at least as much in ARR as you burn each year, and build your product either horizontally or vertically.

Most protocols will allocate a decent chunk of their token emissions to lp rewards. If you provide liquidity for the protocol, you can stake that liquidity to earn a steady stream of tokens.

Our obsession with extracting the greatest future value out of our time blinds us to the reality that, in fact, the moment of truth is always now—that life is nothing but a succession of present moments, culminating in death, and that you’ll probably never get to a point where you feel you have things in perfect working order. And that therefore... See more

“The ownership economy doesn’t always mean a literal distribution of tokens, stock options, or equity,” Walden wrote in a post outlining the idea. “Rather, it means that ownership — which may manifest in the form of novel economic rewards, platform governance, or new forms of social capital — can be a new keystone of user experiences, with plenty... See more

How will Substack get around their stated promise to never develop algorithmic content recommendation engines, while still helping their writers reach new audiences? Well, if you open the Substack app, you are greeted by a “Discover” tab which recommends publications rather than posts. (Nice one!) It is unclear what algorith-ahem, method—is used to... See more

Crypto networks and DAOs often use the concept of the “ownership economy,” an idea first articulated by venture capitalist Jesse Walden, as a kind of guiding philosophical infrastructure.

Who or what can claim authority to manage a brand when ownership of a protocol is distributed among a network of users? In particular, who has the authority when those same users are often also responsible for the productive work of the project? When users own equity and stand to gain from increased adoption, those same users are strongly... See more

Much the same as how traditional corporations can use retained earnings, equity, and debt to finance themselves, DAOs also have a similar universe of options:

Each person who onboards to a DAO will have different levels of web3 knowledge, contributing experience, and comfort levels. A clear mission and vision can help to attract people at similar levels, but ultimately, onboarding processes should accommodate for differences among these new members (to the extent of the DAO’s intended target audience).