Sarah Drinkwater

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

We’re seeing the rise of more authentic social media—apps that focus more on the present, and less on curating a flawless online persona for future benefit. I first wrote about BeReal on June 2, 2021 after my Paris-based internet friend Marie Dolle sent me a Twitter DM about how BeReal was spreading like wildfire across Paris. Twelve months later,... See more

Roelof Botha brought up this same topic in a recent Invest Like The Best episode in an even more poignant way: "Imagine the venture business in a decade, and Sequoia is gone. We presided over the decline of Sequoia, this team, the people here in this room, it was us. What happened? What did we not do?"

But bounties aren't the future of work in Web3. They’re a primitive of some of the worst forms of exploitation under capitalism.