Founders

Fascinated with the puzzle that is modern society

Msg for founders:

Venture capital is not an efficient market. Once you let go of that you’ll be less frustrated.

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity

and

/eulerlagrange

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.

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

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?

There is a information dissymmetry that can cause issues.

If the crowd is sophisticated enough to DD than yes, but usually they’re not