Joey DeBruin
@joeydebruin
Helping communities build public knowledge online. Founder @withBackdrop. Past/current product/advisory roles @Benchling @ResearchGate @Forefront__ @SeedClub
Joey DeBruin
When token go up is no longer a law of physics and money is no longer free, the challenge of number go up—where the numbers are users or revenue—becomes much harder to solve. Right now, Web 3 companies are at pains to even measure those numbers, much less manipulate the few levers they have to make sure they do go up.
Antonio Garcia Martinez • Everything is an ad network
What if investors could directly fund product R&D within existing companies, taking risk in exchange for a future share of revenue?
Charles Cushing • How can we fix the Market for Solutions?
Focus accelerates the accumulation of skills and accurate world models. In open-ended domains, such as writing, relationships, or business, there is nearly endless room for skill growth.
Henrik Karlsson • Almost Everyone I’ve Met Would Be Well-Served Thinking More About What to Focus On
Vertical integration is typically the dominant strategy when industries are in their early stages or undergoing significant transformation, when market structures are unclear, supply chains are underdeveloped, and new technologies are emerging. Companies that can control more of the value chain can introduce new products that the market needs... See more
Packy McCormick • Vertical Integrators: Part II
Everyday, we land on the internet without a map. Instead, search is the dominant wayfinding paradigm. It is the information equivalent of exploring the local area at ground level. A search is a hypothesis, an instance of trial and error. With enough searches, we can usually get where we're going. However, we lack the overall context of how... See more
Oliver Hunt • Page Not Found
The downside of lead generation businesses is that they can be a race to the bottom if they're in a crowded and competitive market. The barriers to entry are essentially aggregating supply (i.e. buyers of leads or businesses willing to pay for new customers) so there is little in the way of defensibility. The other downside is that they are very... See more
Marketplaces, Lead Generation, and Brokerages
In today’s idea machines, an ideology serves as the coordination mechanism for ideas – as foundations once did – making it easier for both sides to find each other. It attracts operators who resonate with its ethos and have ideas for how to bring it into fruition. On the other end, it also attracts (or is even initialized by) funders who want to... See more
Nadia Asparouhova • Idea Machines
Software is expensive to create. You have to pay people to create it, maintain it, and distribute it. Because software is expensive to create, it has to make money. And we pay for it–software licenses, SaaS, per seat pricing, etc. Software margins have historically been an architectural envy–90+% margins and zero marginal cost of distribution.
Software is expensive because developers are expensive. They are skilled translators–they translate human language into computer language and vice-versa. LLMs have proven themselves to be remarkably efficient at this and will drive the cost of creating software to zero. What happens when software no longer has to make money? We will experience a Cambrian explosion of software, the same way we did with content.