Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
Second, emerging fund managers tend to be made up of a smaller group of GPs or solo capitalists with strong industry insights and personal brand in a specific industry or trend, often when this is still nascent and overlooked by the established players.
Francesco Perticarari • Why new VC funds offer the greatest opportunities in Venture Capital
So How Many Stars Is Enough? A Data Driven Guide to Fundraising as an Open Source Founder
Jordan Segalljordansegall.substack.com
“We tend to view open source companies at the earliest stages like social networks. Building community momentum is of the utmost importance to the success of an open source project, and that often takes precedence over revenue in the short term.
If you can show a strong community AND strong revenue growth then you will be in an incredible financing position, but often revenue is not necessary if you have the other criteria in this doc accounted for.
If your open source momentum (Bucket B) is weak then you can make up for it by having strong revenue, but there are few examples of successful open source companies that fit this example, as most tend to prioritize community building in the early stages”
The first and largest “user” of a Web3 platform — defined as a software service running on an open blockchain (and often called a “protocol” in Web3 parlance) — is usually the product team that built the underlying platform. Web3 teams building these platforms are wise to build the first product on top and give it away for “free,” as a commodity,... See more
Jesse Walden • Product vs. Protocol: Finding a Balance in Web3 – Variant
If it is true that the era of collective experimentation online was short lived, then the next interesting question is why. One hypothesis that I’m intrigued with is rooted less in technological changes and more in social ones. Shirky’s dictum that revolutions start from behavioral change rather than from technological change helps us also explain... See more
Tim Hwang • Here Went Everybody
Publishing and
Why does it matter? Everything is falling apart. Terra collapsed largely thanks to its token design. Projects that attracted millions or billions of dollars with the promise of absurd APYs are learning the truth of the old adage, “Easy come, easy go.” The regulators are coming. Tokens that were worth a lot of fiat a couple weeks ago are worth a lot... See more
Packy McCormick • Designing Token Economies
I found myself dreaming about designs that might satisfy my requirements, while also supporting new interactions, new ways of relating, new aesthetics. At the same time, I read a ton about the early days of the internet. I devoured oral histories; I dug into old protocols.