startupradar
Share startup news, launches, projects. Show POC/MVP for feedback. Raising funds? Connect with investors. Found a cool startup? Share their info.
Reflecting tonight as I take some fake internet money profits and convert it to “real” (inevitably doomed) fiat USD, and it has me thinking…
It’s impressive how seamless it’s become to move money around via DeFi protocols → wallets → CEXs → bank accounts (and back), for 2 reasons:
1. It’s way more affordable now thanks to lower gas fees (s/o to mf @base.) Not that long ago, sending or swapping ETH could cost 10%, 15%, even 20% in fees, depending on network congestion. That’s wild. If you’ve experienced even more than that I feel for you.
2. The devs have had time to lay the foundation of what they envisioned. Now it’s like an 800 lb gorilla hopped off their backs, and they can now focus more on simplifying and cleaning up the UX to make things more intuitive and accessible for the next wave of users.
That may have always been the goal for DeFi, but now, the tooling is there to support them.
It’s awesome to see new ATHs, but it’s also exciting to see that the groundwork is starting to cement.
If this were baseball, I’d bet we’re probably 2/3rds into the 2nd inning. There’s still a whole lotta ball left to play.
Very excited to be in this space with you all and can’t wait to see what’s next, especially with @farcaster.
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Startups today are even leaner than they were 20 years ago. Not just because the tools are better, but founders are better. Especially in Web3 (..no bias). They’ve got better access to capital, creative ways to distribute, and a better understanding of product-market fit.
It used to be that a typical founder could build and maybe / hopefully sell. But term sheets, fundraising, and real GTM strategy were out of their wheelhouse and others needed to burden those things.
With small teams now.. expectations are high because everyone understands those roles today, and there’s nowhere to hide.
Every skipped task, dropped ball, every “good enough.”… that 💩 stacks up and it stinks.
The difference between something that works and something that wins (like most things in life) are determined by the people that focus on follow-through, obsession, and intent. Building isn’t about just having a good idea, it’s about commitment to the vision, to the people beside you and to the future you say you want.
Shortcuts don’t pay off in the long run (unless you rug a memecoin like $LIBRA, s/o to that dork with the cutoff sweatshirt).
If you’re half in, you’re slowing it all down. That’s been a big takeaway from talking to founders the past two months on the show. They’re obsessed, and love what they do…and same with their teammates.
Seems like everyone we’ve interviewed had that common theme, felt like this was worth sharing. Cheers everyone and have a great weekend. 1 reply
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