I Consulted Over 50 Crypto Projects — Almost All of Them Do Not Know What They’re Doing.

Hate to be a party poopoooor but... So much 101 startup knowledge seems to be forgotten in the race to just launch tokens in crypto these days. I think the space has *not* become useful enough that decentralized governance should be a priority. Lil thread 👇

What I learned is that, while no one knows which of the great founders and startups will have breakout success, it’s fairly easy to know which founders and ideas are so shitty—or worse, small—that they have no chance of breaking out. I use two methods to sort through the deluge of startups contacting me. I eliminate the small ideas and weak founder

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Mental Models
1) First Principles Thinking Take the time to learn the basics of any concept that you start to learn to deconstruct any complex problem into simpler subparts and build your understanding from the ground up. 2) Feedback Loops Reinforcing loops are of two types, positive and negative. As the name suggests, positive feedback loops posit... See more

Multiple Miracles Should Be Avoided Entrepreneurs fail often when they define their end goal and then create miracle-driven logic chains to reach it. For example, we want to replace Yelp. Step 1: Launch a mobile music app. Once we have millions of users, we can add local content, including businesses. As soon as we reach millions of users, we can a... See more