Founders

Backup account. Follow @alliance for active updates.

Out of all the successful startups I worked with at @alliancedao I don’t recall single one that didn’t see their original thesis partially or completely invalidated. 

Pivots (partial or complete) are the rule not the exception

Product Person. History Lover. Building @tasseo . Helping Artists build a community of true fans.

That’s the billion dollar question and i don’t have one size fit all answer 

Typically I need to sit down with the founder to understand their particular situation deeply and sometimes may be able to offer actionable advice. But even then conviction level is never high.

Something you had shared earlier that crypto products grow in steps:staircase mode. Do you have thoughts on How can founders arrive at a decision of do they need a pivot or do they need to keep building for a bit longer to reach the growth phase

Jimmy Lovine used to say, "You either pivot or join the 'do you remember those guys' club.”

Love this quote

the only stuff to comment here is “amen”

pivoted 5+ times during the last 1.5 years

Ideas mostly evolve and change. If there is no change in the underlying idea, then that mostly means a lack of growth mindset, i.e. a failing to extract insights from the market

The original thesis for Blockworks was a consulting firm to help enterprises build on Ethereum 💀

Fun fact: we incorporated as BlockWorks Advisors

Pivoted from consulting to events. Then covid crushed events so pivoted to media.

Couldn't agree more. Fall in love with the problem not the solution.

Too true. Stashh was a marketplace for encrypted NFTs. Our plan to rely on volume fees got blown up by volume collapse, Terra, and FTX. Couldn’t bootstrap a two sided marketplace.

So now we’re omnichain and social-first, trying to own our distribution.