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NoReverseGearLagrange
@eulerlagrange.eth
Msg for founders: Venture capital is not an efficient market. Once you let go of that you’ll be less frustrated.
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@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.
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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
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@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?
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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
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@thumbsup.eth
Interesting read. Thanks for sharing
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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.
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