sari

Some people may think the rolling fund structure looks like a shiny flash-in-the-pan opportunity, but as we know, the greatest innovations historically have looked like toys at inception. This rolling fund structure will be the beneficiary of many other macro trends underway.

In our case, the markets we refer to are online communities such as Reddit, Hacker News, and Twitter. Each of these communities has an upvote mechanism, which can be interpreted as an indication that the user believes the website is undervalued. They are willing to bid up the price by spending their upvote on it.

“Make the day; don’t let the day make you. Make sure you are setting your schedule, not just responding to invitations from others.”