“My favorite example of truly effortless communication is a memory I have of my grandparents. At the breakfast table, my grandmother never had to ask for the butter – my grandfather always seemed to pass it to her automatically, because after 50+ years of marriage he just sensed that she was about to ask for it. It was...
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I joined Farcaster on 29th November 2022, which was 2 years, 3 months, 23 days ago.
Since then, 99.4 percent of users have joined after me
frame by @cashlessman.eth
Brazil is running already an upgraded financial system.
“Open Finance”, Brazil’s take on open banking is even more mindboggling than pix.
Think Plaid but open and public, because it was built by the Central Bank. All banks are connected in a single api for data and transactions.
And you as a founder can access th...
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ARR became a meaningless concept during the AI hype cycle.
I’m seeing a growing number of companies reporting “ARR” and have revenue that is not recurring at all.
One example are the professional AI headshots. You pay now and probably won’t need to pay again in the next 5 yrs. But the companies report “ARR” as if t...
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Little known fact about the director of “I’m Still Here”, Walter Salles:
At $4.5b he’s the third richest director in the world. Only behind Spielberg and Lucas. He’s one of the heirs to Itau, the largest bank in Brazil.
He also accounts for almost all of the Brazilian participation in the Oscars in the last 3 decade...
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How to get 100m users on chain?
- do a fintech in a country where instant payments are already a reality (India, Brazil) — i.e. proven. To differentiate do something useful, but better. Can be a 2-3x improvement.
- airdrop tokens to (1) grow user base and (2) get everyone a wallet but make it seamlessly integrated ...
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Thinking about token incentives and retention.
Token incentives for a product that enables an action that is perfectly fungible after the action is completed (trading, paying) makes sense.
A token traded on Uni and Sushi is the same.
An NFT traded on Blur and OS is the same. A payment made on Cash App, Venmo or /b...
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Momentum is the single most important thing in startups.
Do everything you need to keep it going.
Your problems — bugs, cash, team — matter less if you’re moving forward.
It’s like a long run: if you stop moving and let your body cool down, all the pain you’ve accumulated comes to bite you.
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