On a recent Acquired episode, Multicoin Capital VC Kyle Samani points out why VCs have far greater risk-tolerance to make moonshot bets with tokenized web3 companies than they do with non-tokenized web2 companies: web3 VCs can always sell off the tokens, typically after a vesting period of a year. Where traditional VCs see most of their struggling... See more
The impact of Clair's product is profound. Research shows that on-demand pay reduces absenteeism by 34%, reduces turnover by 40%, and increases job performance by 86%. Especially after considering its innovative no-fee business model, offering Clair is the closest thing to a no-brainer for employers.
First, cultivate pools of talent that are very high in quality, even if very low in quantity. Recognize that people have already self-selected on media channels like Twitter, blogs, and podcasts, on discord/slack, or even in group houses. Design incentives to attract the applicants seeking the right things, for example by using an evaluation... See more
Web3 is just another step forward. It will give rise to new institutions and social structures that will address the human need for safety, love, belonging, recognition, and self-actualizaiton. We should not assume our current institutions are the best humanity can do. What happens next is up to us.
Solving the problem of assembling a good team: When I became the CEO of a new company, every founder I talked to had the same warning: hiring is the hardest thing you will do... Currently, we use approximations: we look at the school a person attended, the jobs they’ve held and the length of time they were there. We might take a look at two or... See more
In this thread, I’m going to display the outright astonishing use cases of NFTs.
There are zero limits with these digital tokens, & I’ll show you exactly what I mean…
(I was too excited to not share this a tad bit early) 🥐