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Content
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Joe Blau 🎩 pfp
Joe Blau 🎩
@joeblau
If you can launch a token and raise $5m, why would you take on venture capital?
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greg pfp
greg
@gregfromstl
Launching a token is effectively going public. The number of people you report to is 100,000X and you have to approach things with a dramatically different lens. That kills the ability to move fast and think independently when the world is invested in your every move.
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Joe Blau 🎩 pfp
Joe Blau 🎩
@joeblau
What the diff between than and having 100,000 customers?
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Metaphorical
@hyp
Very different decisions they care about and have input on, and different consequences of their actions.
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Joe Blau 🎩 pfp
Joe Blau 🎩
@joeblau
So if you sell a 10K NFT collection for $5 mil, what would you consider that?
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Metaphorical pfp
Metaphorical
@hyp
Something very different from an app user.
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Joe Blau 🎩 pfp
Joe Blau 🎩
@joeblau
If you’re running a business, and your app users are paying you for the service, how would it be different?
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Metaphorical
@hyp
Subscription
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