Trying to do client work AND build a startup or Big Project. Have patience. Remember that freelancing and consulting isn’t a treadmill, it’s a path to cash and calendar freedom. Equity and building comes later. Send an invoice first.
Some Web 2 companies like Uber still aren’t profitable, years after their founding and having gone public. We used to find this odd—trolls are nothing new and they railed against the early Web 2 companies too—but now we’ve simply gotten use to it. Web 3 has yet to prove out its flipped model for utility vs. speculative value.
I was just reminded that for our Series A, we sent a questionnaire to the investors we were considering to understand if we have alignment.
Then the investor needed to write a doc or a presentation explaining their answers and thinking.
While communities generate tangible value for businesses — such as content, events, online advocacy and marketing, technology production, customer support, and education — it is the intangible value that members derive from the experience that makes these environments truly “sticky.”
The rise of the network allows us to exploit the fact of human labor that long predates the Internet. The ability to divvy up an overwhelming task - such as the writing of an exhaustive encyclopedia - into small enough chunks that completing it becomes not only feasible, but fun.