Interview: Nathan Schneider on "Exit to Community for Crypto Net…

“Community” to me does not mean a bunch of people brought together simply by their shared interest in shilling a speculative asset. It does not mean burning the precious time of our lives trading fragments of horrible companies on Robinhood. A community is in some sense a commons, something people share because it is valuable to them for its own sa... See more

Usually, the exit is when the startup gets sold to a bigger, generally more boring company, or when it “goes public” on a stock market and pieces of it get passed among countless buyers and sellers. That’s when investors, along with founders and early employees, get their payday. But for startups that build communities—of users, or workers, or whom... See more