Timour Kosters
@timourkosters
Investor & builder working in blockchain and ml. Tweeting: @timourxyz
linktr.eeTimour Kosters
By combining multiple works, kinds of work, and the creators’s contexts in one bundle, onchain records provide creators a format that reflects the multi-medium, multi-message, worldbuilding reality of releasing creative work today, while also creating a canonical record of that work’s existence.
Yancey Strickler • The old shit doesn't work anymore
Companies with poor unit economics found themselves propelled by aggressive venture dollars (which themselves were propelled by a low-interest-rate environment). Those companies then turned those dollars into aggressive customer acquisition. Until recently, the market rewarded growth at all costs.
Digital Native • Revisiting Lifetime Value and Customer Acquisition
What do we mean by “decentralization,” anyway? It’s a capacious term, and in the past few years it’s been tossed around more freely than ever. Flocks of birds, free-market economies, cities, peer-to-peer computer networks: these are all considered examples of decentralization. Yet so, too, in other contexts, are the American public-school system
... See moreJames Surowiecki • The Wisdom of Crowds
I think of product-market fit as the transition moment you feel as a founder when you go from "pushing" your product on people to them "pulling" it out of your hands. But the path to get there is deeply personal. One founder’s journey to product-market fit may look totally different from another’s, and yet both paths could be completely valid —
... See moreFirst Round Capital • Airtable's Path to Product-Market Fit
Multiplicity principle: we are not one, we are many
Parts can be seen as clusters of beliefs and emotions and values that get activated at different times, and that can be interfaced with by treating them as if they were actual subminds.
Google, Facebook, and Amazon are monopolizing digital ad spend, and even newsfeeds and search results are finite. Limited supply + growing demand = rising prices
Digital Native • Revisiting Lifetime Value and Customer Acquisition
Minimum density is 20 units per acre: The voter initiative locks in at least 20 units/acre (~50 people/acre) as the minimum average density. This is similar to beloved neighborhoods such as Marina in SF, Centrum in Amsterdam, Kensington in London, and Historic Charleston in South Carolina. Even though people love these places, we’ve built close to... See more
Devon Zuegel • Part 3: The first walkable city in America in a century
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.