Naval at AngelList reallocated the CEO responsibilities in people management so he could focus on the company from a creative and innovative perspective
We are unlikely to be able to sell “a group chat system” very well: there are just not enough people shopping for group chat system (and, as pointed out elsewhere, our current fax machine works fine). That’s why what we’re selling is organizational transformation. What we are selling is not the software product — the set of all the feat... See more
While some funds have traditionally offered a variety of services under the same umbrella, we will likely see much more granular pricing of services being offered via service DAOs, and likely at far better unit economics than funds that offer a bundled set of services under their ‘platform’.
First and foremost, community is a big piece of web3. In web3, a community is often established before a product, and products often come out of the community. To start building this community creators often share a roadmap, which is a promise of what the community can expect.