Content
@
1 reply
0 recast
2 reactions
NoReverseGearLagrange
@eulerlagrange.eth
Msg for founders: Venture capital is not an efficient market. Once you let go of that you’ll be less frustrated.
6 replies
3 recasts
35 reactions
Thumbs Up
@thumbsup.eth
Crowdfunding feels like the most efficient market to me because you’re asking people whose stake is in the product, not the investment return, to fund the thing.
1 reply
0 recast
1 reaction
NoReverseGearLagrange
@eulerlagrange.eth
There is a information dissymmetry that can cause issues. If the crowd is sophisticated enough to DD than yes, but usually they’re not
1 reply
0 recast
3 reactions
Thumbs Up
@thumbsup.eth
Fair point. I think this is true of all forms of funding except self funding or partnerships (or acquisition). What is your take as to the preferred approach?
1 reply
0 recast
1 reaction
NoReverseGearLagrange
@eulerlagrange.eth
I have an article on this exact problem, except it’s framed toward hiring. https://paragraph.com/@eulerlagrange/the-people-first-perspective-in-hiring The generalized approach of this article is what you’re asking
1 reply
0 recast
3 reactions
Thumbs Up
@thumbsup.eth
Interesting read. Thanks for sharing
1 reply
0 recast
1 reaction
NoReverseGearLagrange
@eulerlagrange.eth
1 yr ago /opacity was 3 ppl. It’s 24 rn. My proudest statistic is 0% attrition. No full time person has left.
1 reply
0 recast
4 reactions
Thumbs Up
@thumbsup.eth
That’s really impressive. Honestly I’m not surprised either. Seems like you’ve built an environment where people aren’t afraid to be themselves. I think that goes a long way. Additionally, and I’ve felt this way since you first told me about the project, in my DMs before it had a name or you’d announced it officially at least: this is an idea that has legs and I think the kind of people serious enough to apply and get hired, want to see it through.
1 reply
0 recast
2 reactions
NoReverseGearLagrange
@eulerlagrange.eth
@coachcoale
1 reply
0 recast
1 reaction
