We can imagine an entire ‘stock market’ for a city — not r/wallstreetbets but ‘Main Street Bets’ — asset prices reflecting the growth and success (or failure) of different communal projects and efforts. We can envision how such liquidity dynamics would dramatically reduce the ‘cost of capital’ for any local ‘social’ entrepreneur and venture, unlock... See more
What if instead of founders pitching investors, investors pitched to communities?
Proud to welcome @a16z @PaceCap @KindredVentures @sparkcapital and @ljin18 to the FWB family through a $10M governance proposal.
Here’s how we did it, why did it, and how your community can too.
Right now, and for the foreseeable future, follower graphs on centralized social networks are a source of significant and enduring value. We see in every dimension of our society how efficiently that influence can be translated into financial, political and cultural gain. So to ask our question another way: Will there be a time when most users’ on-... See more
Audience buying is cloaked in opacity – the major platforms are deeply invested in making sure no one truly understands how attention is priced. That means a media company buying audience on Facebook or Google will always be at an informational disadvantage – exposing them to a new kind of arbitrage, one executed by the platform’s own algorithms an... See more
You use the same search engine, but you don’t ask the same questions. You use the same CRM, but you don’t pitch the same customers. You use the same streaming service, but you don’t watch the same movies.