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Linda Xie pfp
Linda Xie
@linda
Having seen a lot of crypto founders as an investor, some common pitfalls I'm trying to be careful of - raised too much, lost sense of urgency - grew team too large, lost focus - ego caught up in speaking events and vanity metrics - nerd sniped into building fun things - waiting too long to launch / release feature
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erica pfp
erica
@heavygweit
hmm these sound familiar 😉 (had such a great chat, ty again!)
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
I think I have a propensity for speaking at events, which I need to watch out for since it adds very little value to the Degen community. However, from a personal standpoint, it's fun. There are so many traps to avoid.
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Sheldon Trotman pfp
Sheldon Trotman
@sheldon
I wish I had seen this list a couple companies before 😅 I have fell into each these in different ways over the years and have learned not to. Definitely good to see this reminder
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Liam pfp
Liam
@liam.eth
Make something people want Preferably something I want :)
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gtscottyyy 🎩 pfp
gtscottyyy 🎩
@gtscottyyy
I love the nerd sniped item In the same vein, taking TOO MUCH feedback A project I worked on would release, get feedback, add new features, change existing and at the end of it, no one wanted it Build what people need not what they want and it’s up to you to find the need
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Rico IS Here 🦊 🎩 pfp
Rico IS Here 🦊 🎩
@ricoxy
Waiting too long to launch can cause a major letdown to the community. 250 $Degen
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web3Gurung pfp
web3Gurung
@web3gurung
the ego catching up is understandable, reminds me of @sxtvik's tweet: https://x.com/sxtvik/status/1778440147689963940 also, one additional question: would you see how crypto founders/their team are doing the product marketing as well?
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Cris pfp
Cris
@cris
So many pitfalls, it’s like walking on a minefield. But I guess that’s the main reason not everyone is suited to be a founder
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Mike Fiuk pfp
Mike Fiuk
@michalfiuk
Well said and measured / balanced take 50 $degen
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Akhil pfp
Akhil
@akhil-bvs
3 is the most common problem in crypto. folks should talk less and build more. if you’re building something exciting and valuable, the interest gets created organically.
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Jamie Parmenter🎩 pfp
Jamie Parmenter🎩
@jamiep.eth
Man, that's a good list of pitfalls. You see it happen time and time again. What advice would you give for avoiding these? 100 $DEGEN
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Luis Carranza Perales pfp
Luis Carranza Perales
@luisotravez
What's the opposite? What are the common pitfalls of underfunded and early stage teams?
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yangwao ↑ pfp
yangwao ↑
@yangwao
Good one. With /koda we could raised bit more, team is lean, dropped weak performers, let team members speak on occasions, fun things is questionable, lot of jokes can be profitable, releasing each week, sometimes even not polished features. Great list!
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ash pfp
ash
@ashrafstakala
some great pitfalls to lookout for as a founder 147 $DEGEN
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Ryan Kagy 👁️🚪⛓️ pfp
Ryan Kagy 👁️🚪⛓️
@rskagy.eth
We're brand new, looking to do things right. Would love some guidance!
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