Joey DeBruin

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 tr... See more

A lot of advice I gave this batch was some version of noticing that one thing the company was doing was working, and encouraging them to prune everything else and focus on that one thing. For example, it's reasonable to try 5 different ways to get users, but if one of them works… Show more

Fully open, easily accessible data, together with open debate and version control, enables much greater scrutiny over results, which should lead to more accurate knowledge.

And so we arrive at the crux of the argument. DAOs are novelty search engines which can more efficiently explore a search space by enabling many cooperating teams to collect and integrate stepping stones.

Let's take a moment to compare the beginning and the end of our 336 year journey:... It's hard to ignore that they are shockingly similar. (see image in article of publication from 1700s and today)

what would federalism look like on Twitter—could the network be split into regions that have some degree of local autonomy?

With a more decentralized structure, modern idea machines can “arm the rebels” right where they are, instead of hiring them into a foundation. The popularity of so-called regrantor programs (i.e. scout programs) reflects this trend, where talented individuals are given funding to make grants on behalf of the grantmaking organization.