Part 3: We're Just Getting Started — Packy McCormick

For IRL Member Communities to be venture backable, they need to have a desire to build a big, fast-growing business that is anchored by, but not dependent on, thoughtfully-designed space to grow revenue. They should finance the space itself - at a minimum the buildout and security deposit costs, and at best, the full costs of the lease - through ma... See more

In order for IRL Clubs to be attractive venture investments, they need to scale beyond the four walls. They need to make money independent of adding more square feet.

If these trends continue, and if web3 challengers disrupt more incumbents, if better APIs and infrastructure make it easier for anyone to build their own products and businesses, if more people work at home, away from bosses, individuals will have a greater ability to shape how the world works than at any point in modern human history.