For IRL Member Communities to be venture backable, they need to have a desire to build a big, fast-growing business that is anchored by, but not dependent on, thoughtfully-designed space to grow revenue. They should finance the space itself - at a minimum the buildout and security deposit costs, and at best, the full costs of the lease - through... See more
Narrative leverage is not just an advantage on the cost of financial capital. And not just a PE ratio with the financial markets. It exists in the leverage with all stakeholders both external and internal. It’s what makes prospective employees excited to apply and work for your company—despite all the tech companies fighting for talent. It’s what... See more
Fairmint is like Kickstarter on steroids, mixed with Carta, embedded right in the products we use and love. They’re building the picks and shovels for founders to turn their equity into the most powerful tool to engage with their contributors.
Think about it: The idea of “following” someone is ripe with religious undertones. And we’ve always loved a story of rugged individualism in this country.
While its CEO wouldn’t give any actual subscription numbers, several publishing partners confirmed that they hadn’t yet seen any meaningful revenue from the service. Salon’s CRO stated that Scroll only generates “a handful of dollars every month.” One anonymous publisher said they’d only received a few hundred dollars total.