6104
Daniel Ospina
@danielo #6104
Social System Designer - decentralised governance and organisation design nerd.
Instigator at RnDAO.io, co-lead at TogetherCrew.com
116 Follower 131 Following
Startup fundraising is broken.
When you ask most entrepreneurs what they want, you'll get something like "build a great company", "make good money", "make the world better" and "have the freedom to work on what I like".
I ask them, would a $100 million company make you happy? The answer is often yes.
If I ask them, would you trade that for a significantly smaller chance of it becoming a $10bn company? the answer is most frequently no.
For most entrepreneurs, a 100mn company is already a great company, freedom, positive impact, and great money. Taking additional risk and making extra compromises to get a chance to go to 10bn is just not appealing for most. It's not about talent or ambition, I'm talking here about talented founders, many of whom go to create solid companies.
When you ask most entrepreneurs what they want, you'll get something like "build a great company", "make good money", "make the world better" and "have the freedom to work on what I like".
I ask them, would a $100 million company make you happy? The answer is often yes.
If I ask them, would you trade that for a significantly smaller chance of it becoming a $10bn company? the answer is most frequently no.
For most entrepreneurs, a 100mn company is already a great company, freedom, positive impact, and great money. Taking additional risk and making extra compromises to get a chance to go to 10bn is just not appealing for most. It's not about talent or ambition, I'm talking here about talented founders, many of whom go to create solid companies.
Have you already seen the Gitcoin round for grants?
@rndao and many other great projects are participating!
https://explorer.gitcoin.co/#/round/42161/385
@rndao and many other great projects are participating!
https://explorer.gitcoin.co/#/round/42161/385
Bringing a few years of DAO governance and a decade + of organisation design to zkSync :)
DAO folks and coordination nerds, which channels should I check out? Where do you hangout? I want to leave twitter
What's a good way to add a DAO/company account here?
We're organising a Demo Day on November 2nd to showcase our work on collaboration tech. The vision is to seed conversations about partnerships and other collaborations we can create for the collaboration tech ecosystem.
Would be lovely to have you join us https://lu.ma/t3mgmfdy
Would be lovely to have you join us https://lu.ma/t3mgmfdy