Interesting takeaway from this advice.
Especially for more novel/ niche things ai is not good enough to write anything of quality. Ai can likely make a better deck than a memo.
we're in this weird liminal phase where it's trivial to spin up a convincing slide deck but still hard to write a couple coherent sentences on what you're building
Takeaway: sometimes for net new markets, "build it and they will come" isn't always enough. No amount of customer discovery can validate a market that doesn't exist.
Especially early on, you have to manufacture demand. Storytelling / narrative will be a big part of that.
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The story of Leo Meland.
He was a CME member for years before pitching the idea for a new type of exchange.
He had no way to prove demand, no target customers, and was openly ridiculed.
Payed Friedman to write an article supporting the idea.
The IMM launched a year later.
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The story of Leo Meland.
He was a CME member for years before pitching the idea for a new type of exchange.
He had no way to prove demand, no target customers, and was openly ridiculed.
Payed Friedman to write an article supporting the idea.
The IMM launched a year later.
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Read devil takes the hindmost. Tweets like this hit different.
✨️This is the hottest topic in Korea right now.
No matter which cafe you go to, you’ll hear so many people drinking coffee and talking about stocks.☕️☕️
Kinda wild, right? lol
"Whenever I see analysts and economists on television confidently telling me what 'should' happen, I just smile and check the chart." - Weinstein
Multiverse markets will do for market commentary what prediction markets did for political punditry.
Send tweet.
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I just realized I had DMs turned off for people I don't follow.
Major fumble catching up now.
If pheonix just announced a well executed token program daily volume would probably 100x in a week
It's crazy the difference incentives make
We are building this.
Memecoins deliver us the news, prediction markets tell us the future, impact markets tell us what it’s all worth
Whats bullish for Solana, @jito_sol and JTO.
What's not, there is no liquid place to trade JTO perps on solana...
Capital efficiency will prevail.
The perpification of everything is just slowly becoming so obvious
Short term multiverse market idea:
SPY if there are 20,000 confirmed hanta virus cases by June 1st.
Likely wouldn't do volume at this point, but would be interesting to look at and likely get some coverage.
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Have always liked this quote. Recently realized it's just as applicable to builders as investors.
Too much of crypto is focused on chasing cyclical trends and quick exits. The industry is visibly maturing as that strategies returns are diminishing.
Extend your time horizons.
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An interesting observation is that I recently changed my hinge from
"fintech marketing" to "gainfully unemployed"
and matches have increased significantly.
