Why is consumer social exciting again?
What are the opportunities in consumer social today?
Some thoughts on the above, plus specific ideas & requests for consumer social startups 👇
Take the music industry, for example. From Napster to the iTunes Music Store and now Spotify, the last two decades look a lot like an exercise in how to use internet platforms to effectively deny income to musicians while extracting maximum value in content and data.
What Sam looks for in founders: breadcrumbs from their past that hint at their trajectory, outsiders with a unique insight, unusually strong in one area, cognizant of their weaknesses, understand where they need to focus right now, have a way to inspire and bring people together
Services like BrightID and ENS let us prove we’re human + add digital identities on top of our wallets, letting us “put our mouth where our money is,” but it’s DIDs that bring the disparate parts of our online identities into one.