JR ↑ pfp
JR ↑

@juli

Google, Facebook, Amazon have won because they did not just optimize for shareholder value early-on but also for users (user obsession). Over time you realize they did optimize for users to indeed grow revenues & shareholder value maximally - which always hurt some stakeholders (e.g. builders on top) and at some point users too. I'm 100% confident this current web2 setup and crypto give us an opportunity to fix this by aligning more stakeholders, offering good incentives, creating value for all of them. In the best case you'll figure out some optimal stakeholder value prop - which is always a tradeoff among (early/late) investors, (paying) users, (paying/contributing) other stakeholder groups, current xp & growth.
1 reply
0 recast
2 reactions