Jordan Bester

- There was only $50 on the line, but millions of people would feel the impact of this little wager.

5. Know your audience: - Diversity is important but FOCUS is even more.

2. Retention improves monetization: - When it comes to monetization, two important things happen with improved retention - you can retain a larger proportion of a cohort, and in doing so, make more money from that cohort within a given period of time, and you can increase the length of time that a cohort retains, increasing LTV

3. Retention builds an acquisition competitive edge: - As you increase retention, monetization, and LTV,  you can pay more to acquire a customer. In doing so, you can push competitors  out of acquisition channels, open up new channels that were previously too expensive,  and grow faster.

Airbnb cofounder: "I thought of a way to make a few bucks" September 22, 2007 https://t.co/mPPTqLO04z

That, not exploiting people, is the defining quality of people who become billionaires from starting companies. So that's what YC looks for in founders: authenticity. 

- If your customers love your product, they’ll probably want to become ambassadors. Keep reminding them how easy it is to become one. At Craft Wallet, we keep telling this in our website, social media, emails and packaging. You should do the same. Just don’t become annoying.

How it works:  " Having bought an NFT – and after being approved to join – community members get access to the entire Venice ecosystem, including distribution, sync opportunities, analytics, financial services.In addition, they get access to a private Discord channel, recording and creative workspaces, equipment rental, community events, and... See more

New web3 users who earn tokens through games and NFTs will likely choose to save those tokens in DeFi protocols vs tradfi banks given the better rates and user experience, growing the number of DeFi users.