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Ike
@iw
Farcaster is officially VC-backed by a16z and others! Congrats! I'm curious what the unit economics will look like and what kind of CAGR is necessary to earn a 40x return to investors? https://www.linkedin.com/feed/update/urn:li:activity:7198714989325561856/
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Dan Romero
@dwr.eth
Who said you need a 40x?
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Ike
@iw
Right. That was presumptuous of me. They probably should expect 80x, given the growth of Farcaster, right? 😉
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Dan Romero
@dwr.eth
They expect a return, but I don't think there's any specific number? We're trying to build something that a lot of people use and find valuable every day. If we can achieve that, then there will likely be a valuable set of businesses to build on it.
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Ike
@iw
I should probably be transparent in that I'm of mixed opinion about there being a profit motive baked in to the protocol layer that relies on user engagement to create value. But being optimistic about blockchain technology, I'd be happy to be wrong about the above skepticism. I'm rooting for you!
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Dan Romero
@dwr.eth
Hubs are 100% open source, MIT license https://github.com/farcasterxyz/hub-monorepo
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