Timour Kosters
@timourkosters
Investor & builder working in blockchain and ml. Tweeting: @timourxyz
linktr.eeTimour Kosters
Brush up on the prior art: “We were intellectually excited about going down that path of this general space of software creation. So we spent a lot of time doing research. It was almost like being on a sabbatical, reading all this prior art of old computing pioneers, like Douglas Engelbart and Bill Atkinson , and even contemporaries, like Bre
... See moreFirst Round Capital • Airtable's Path to Product-Market Fit
Imagine a company that combs your camera roll and—with stunning accuracy—recommends a new wardrobe for you. Or the company simply asks you to link your Instagram account, and then it digests every like and follow you’ve ever made to deliver incredibly accurate, incredibly personalized fashion recommendations.
Rex Woodbury • The TikTokization of Everything
Market Design Masterclass ft. Scott Kominers
open.spotify.comCrypto Tokens and
I digress but the main point is simple: the drivers of social coherence, such as culture, governance, morality, law, shared stories, and shared values might as well be considered “technologies”. These stories, at least as much as our manipulations of fire, matter, and information, sustain our relationships with one another and with the planet.... See more
Matt Prewitt • Secret Societies, Network States, Burning Man, Zuzalu, and More: Thoughts on New Political Communities
Tech and Society and
I digress but the main point is simple: the drivers of social coherence, such as culture, governance, morality, law, shared stories, and shared values might as well be considered “technologies”. These stories, at least as much as our manipulations of fire, matter, and information, sustain our relationships with one another and with the planet. Their status registers how well we are doing, at least as meaningfully as the potency of our machines.
Common mistakes or roadblocks with prog decentralization - Early team finds it hard to part with excess authority. Not necessarily for bad reasons. Taking hands off wheel generates fear - Not finding the right people for the dao. DAOs can be big, and they don’t have enough good people to do everything
Rehash: A Web Podcast • S3 E6 | DAO Decentralization Thesis & Artificial Intelligence w/nintynick
To run a profitable and scalable business, you want LTV > CAC. Currently, w e have rising CACs and less scalable, measurable acquisition-and it's all happening in a recessionary market environment.
Digital Native • Revisiting Lifetime Value and Customer Acquisition
Introducing Full-Stack Alignment
meaningalignment.substack.com
Common mistakes when using CAC and/or LTV: using revenue as a proxy for LTV, overestimating LTV when you don't have clear data, failing to take into account the time value of money, not segmenting users by paid vs. organic when doing the math.
Digital Native • Revisiting Lifetime Value and Customer Acquisition
The last decade showed that questionable business models can subsist for a long time (and even flourish) when capital is abundant. Thirteen years after its founding, Uber is still figuring out how to be profitable: the company’s gross margins actually declined seven percentage points over the past three years, and the net profit margin is -3%.