Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
The centaur concept - Matt Jones
youtube.comThe 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
This is exactly what's happening in venture.
Kyle Harrison • The Death of a Venture Fund
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”
Sidewalk Garden - Zach Klein
zachklein.com
Growing Underground
cam.ac.uk
The Hype Cycle Giveth, And Taketh Away: Ushering in a New Business Model for Pre-Seed Funds to Survive & Thrive In The New Normal
Sydney Thomasfirmbuildingchronicles.substack.com
First, most emerging firms raise small funds. Smaller funds generally outperform, as they can participate meaningfully in early rounds and a single outlier has the potential to generate strong fund-level performance, even if the fund is only able to garner modest ownership.