// vibe architect \\

host of vibe check podcast ▶️ 
https://pods.media/vibe-check

icebreaker.xyz/dawufi

fair distinction

I'm not as confident about the consumer funded apps tho (unless you're talking about ALL consumer).

In crypto, being attractive as VC investment is mostly at odds with building something people want.

THIS is the reason why we don't have 1B users in crypto yet. 

Also not even trying to dunk on VCs here, it's a natural outcome of incentives and the accelerated + inflated payouts enabled by tokens

Principal at Cobalt Ventures. Write @ TheItinerant.io ; BenErsing.com Host: /venturecapital /finance /adventures

I agree with this. Everyone's selling picks and shovels, nobody is digging for cold. 

VC funds crypto projects w/ highest likelihood of liquidity event. These are usually infra and tooling.

Meanwhile, those infra and tooling apps are crawling over each other to get to apps with users for integrations.

Those apps don't really seem to get funding, or they get funding much later in the cycle (you can raise on a deck w/ infra, you have to have _users_ to raise on consumer). 

Reflexive failure loop, just in terms of where the incentives are to build.

RLeshner: "If I was a founder I would...probably not want to be building an app...without a high degree of confidence...that it will be successful."

Founder, designer, & product guy pushing pixels at /basepaint

RLeshner: "If I was a founder I would...probably not want to be building an app...without a high degree of confidence...that it will be successful."

https://pca.st/episode/a942486b-18c3-4479-a922-7d8e8db881cc