Content
@
0 reply
1 recast
1 reaction
wiz
@wiz
"funding subcultures" is the wrong direction
3 replies
2 recasts
9 reactions
rocketman
@rocketman
very curious if you can elaborate I wanna make sure I’m not missing anything in my mental model
1 reply
0 recast
0 reaction
wiz
@wiz
i could be wrong, but i don't think it's the best use of capital. and don't think sub cultures will attract new capital. we will most likely over index on that meta. sub cultures also naturally become governance risks as we continue to distribute voting power to them. i think its nice to fund them as a *side* thing. sounds pessimistic but we have a lot of evidence this is true
1 reply
0 recast
1 reaction
rocketman
@rocketman
i think we raise more capital by delivering deep meaning to people through nouns, and funding the stuff they already care deeply about i dont think we get there nearly as easily trying to build that meaning/connection ourselves what gov risk have you seen from existing subcultures? maybe can talk more abstractly i'm not familiar
0 reply
0 recast
0 reaction