Timour Kosters
@timourkosters
Investor & builder working in blockchain and ml. Tweeting: @timourxyz
linktr.eeTimour Kosters
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
But that path to figuring that out wasn’t easy. Here’s Ofstad’s advice for fellow horizontal product builders:
1. Double down on early traction (carefully).
2. Blend the functional and the aspirational.
3. Map out your adoption.
4. Think about pricing as positioning early on.
First Round Capital • Airtable's Path to Product-Market Fit
Early on, the way we approached our go-to-market was opposite of what most companies do, which is start with a super niche audience, find them, target them and expand to new markets
We started completely horizontal with a blank-slate product, and we got more and more narrow with our focus on landing customers over time. We started seeing organic ado
... 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.
digitalnative.substack.com • The TikTokization of Everything
Key Ideas
The core question explored in this post: do highly decentralized DAOs work, or should their governance start to more closely resemble trad corporations?
Vitalik's main point: there are certain use cases where decentralization is very important. There may be a relatively small number of these orgs, but they will be the very important ones.
... See more
The core question explored in this post: do highly decentralized DAOs work, or should their governance start to more closely resemble trad corporations?
Vitalik's main point: there are certain use cases where decentralization is very important. There may be a relatively small number of these orgs, but they will be the very important ones.
... See more
Vitalik Buterin • DAOs are not corporations: where decentralization in autonomous organizations matters
If everyone owns a slice of American value creation, everyone will want America to do better: collective equity in innovation and in the success of the country will align our incentives. The new social contract will be a floor for everyone in exchange for a ceiling for no one, and a shared belief that technology can and must deliver a virtuous circ... See more
Sam Altman • Moore's Law for Everything
Are DAOs bad at building products? - Product teams need continuity and shared context - We need more tools that can coordinate things like product work.
Rehash: A Web Podcast • S3 E6 | DAO Decentralization Thesis & Artificial Intelligence w/nintynick
A focus on ‘missing middle’ housing: The plans feature housing that is fairly high density but not high rise — a combination of "row houses" between 2-4 stories high, and apartment buildings going up to 8 stories. This is the type of neighborhood that makes up the most beloved places in the world. Places like Amsterdam, Venice, Santa Monica, Lake C... See more
Devon Zuegel • Part 3: The first walkable city in America in a century
Another example is SHEIN, who have done the same for commerce.