Ava
@ava4
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just wanted to share some thoughts from a fairweather farcasterer:
if i'm being brutally honest, the thing that brought me back to farcaster the last two times is "money making opportunities"
last time it was degen, this time it's all the ai coin stuff
yes i do love the platform, i love the innovation, i love the high(er) signal to noise ratio here, the fewer bots, the nicer vibes, the infinitely better customer service, the cool shit and experimentation that's always happening, the curation elements with channels + a global feed, and on and on and on
but i've *always* struggled with being active both here + on twitter, and for better or worse always end up defaulting back to twitter as it not only fills my "crypto info" tank, but also "the rest of the world" stuff
i'm so bullish on farcaster and i *really really really* hope it succeeds over a multi-decade time horizon - and maybe my not being as active here as on twitter is not helping the cause - but well it is what it is, ty for coming to my ted talk 22 replies
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I’ve worked for 9 venture backed startups, here’s what I’ve learned from the failed ones (7) and the successful ones (2). There are caveats obviously to each of these points but these are the patterns I’ve personally seen.
Failed startups:
- wasted a lot of money on partying, office leases, overcompensating under qualified staff, hiring before they actually need a person, spending money on champagne problems
- bad cofounder relationships, and also people with bad external relationships: divorce, bad ex cofounder etc.
- cofounder ego too high and too stressed, affecting mood/culture of employees
Successful startups:
- very frugal with money, no partying, no fancy dinners, founders very financially aware
- cofounders have explicitly clear communication with staff, immediate and long term vision clarity
- work really hard and don’t get distracted by status games (conference talks, raising money etc.) 4 replies
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