Creator Economy, AI & retail-tech investor | J.D. & J.M. | PNG collector | Musical lover | Happy to chat, using Cal.com link below to book calls (https://cal.com/darrenli)
That’s a key mental shift. The cost of failure is as close to zero as it’s ever been, and it will continue to fall. That’s true for entrepreneurship, and it’s even more true for the Great Online Game. Because entrepreneurs are trying to build a business; when you start to play the Great Online Game, you’re just building optionality.
7. Can’t just raise money and become a DAO, that won’t work. You have to build a product, you have to build a mechanism to keep the product and the community sustainable, and you have to make people love the product and pay for it. Sooner or later, you can let the community take over and let them think about where the product is going.