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ok i've had some coffee and read the article 😎 first let me just say "wow!" it's packed with thoughtful analysis and cogent ideas for how nouns can better fund devs.
I resonate and agree with the shortcomings you outlined and suggestions on where nouns can improve. I also recognize that it's an immense challenge; even VC's, whose full-time job it is to find, fund, and support promising builders & ideas, struggle to create lasting impact. Now, imagine a VC firm where ~100 partners vote on each funding decision, you need supermajority to pass, and not only do all of the partners have varying levels of experience, but they have varied beliefs on what the goal of the fund is. oh and btw, the path for funded ventures to provide ROI is ambiguous 😅
Not sure what the answer is, but I do think we'd benefit to think more like VCs, or at least established grant programs, when funding software. Start small with agreed upon scope, fund in milestones, and understand that finding PMF takes time, $, and lots of bets. 2 replies
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