People appreciate my research and work, but what I really think connects people is that they like watching me struggle with my work … It’s a combination of giving people language for experiences we all have and being really forthright about how hard it is for me—they’re watching the struggle.
If you seek extraordinary performance, focus on what you know very well, do your homework, have conviction and take a stand. It’s the right way to build a product, to build a company — and to be an exceptional investor.
If you’re forming a startup, there are generally two kinds of stories to choose from about what the startup is for. Keep in mind that startups are companies that are trying to take over some subsection of the world. It’s ambitious stuff, so they tend to take on lots of early investment. They get somebody to give them a lot of money so they can hit... See more
When a startup exits to community, founders should see enough of a reward that they feel their risk and hard work was worth it. Investors should see a fair return for their risk. Most importantly, the key stakeholders should know the company is worthy of their trust and ongoing investment because they co-own it. For a social-media company, this... See more
One of the beautiful things about decentralized protocols is that their code, smart contracts, and transaction histories are out in the open for anyone to see, audit, and even copy. That openness acts as a check and balance; it incentivizes good behavior and protocol optimization, because if enough people disagree with the way the team behind a... See more