Organizing DAOs right now is like drinking from a fire hose—so much excitement + inbound with very few tools to manage it.
Some of the biggest demands I’m seeing from DAOs right now:
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Are you strong and secure enough in your talent andaccomplishment to accept the possibility that other people -properly empowered by you - can actually enhance your genius...or will you cling to the idea that only you can be the source ofthat genius?
As colleges lost their monopoly on information, college became less about learning and more about signaling. Whatever value they once provided is diminishing. Peter Thiel argues that college has become an expensive insurance policy for upper middle class parents who don’t want to see their children fall through the cracks of society.
Reason #2 is that media, like many other industries, is undergoing an unbundling: “the decline of the firm as a principle agent of change” as Nadia Eghbal puts it. In other words, more power to the players, who can now produce independent revenue streams via social media and live streaming services like Twitch. Players also have a stronger role in... See more
Chris Dixon: "The mistake I see a lot of young people making early in their career. The next prize, promotion, bonus, is six months away. And they're on that treadmill, never willing to join a startup and take what appears to be a step backward, but is, in reality, a bigger hill."
This friction to comment, not only selects for higher quality users and lowers the need for moderation, but also creates “buy-in”, which reduces churn without limiting their funnel of users. MAUs just reached 202mn, +55% YoY and “official members” who passed the exam reached 103mn, +51% YoY.