Bimoo

1/ CSX NY is off and running!

Here’s a recap of Week:

In the morning of Day 1, we dove right into finding Product Market Fit in Web3.

Each CSX cohort company built their own one-size-fits-one plan to define and test their theory for achieving PMF and shared their plan with the rest of the group.

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I’m excited to announce the 21 startups we’ve selected to join our Crypto Startup Accelerator (CSX) Fall 2024 cohort, which starts this week.

Over the next 8 weeks, they’ll get firsthand lessons from top crypto founders, receive guidance and support from @a16zcrypto’s investing and operating teams, and build connections with each other and the broader a16z network.

The CSX Fall 2024 companies are coming to NYC from 11 different countries, and they’re building on every level of the crypto stack, including AI, DeFi, infrastructure, and consumer applications such as photo sharing and mapping.

We’re thrilled to partner with each of these CSX companies on their journey to product market fit. https://a16zcrypto.com/posts/article/announcing-the-csx-fall-2024-cohort/

Finding & achieving Product-Market-Fit is the most powerful and important endeavor for any early stage startup.

I've spent a disproportionate amount of my career on this quest across multiple companies.

Here are 5 strategies for finding PMF in web3.

1/ CSX London Week 4 was a banger!

We kicked off the morning by exploring the bleeding edge of Incentives and Cryptography with @tr, @skominers, @pgarimidi, @valerini, Joe Bonneau, & Justin Thaler.

1/ Today we’re announcing the 25 promising startups in our Crypto Startup Accelerator (CSX) Spring 2024 cohort, which kicks off this week in London. More info on each company in my blog post: https://a16zcrypto.com/posts/article/crypto-startup-accelerator-csx-spring-2024-cohort

1/ Attention Builders!

Applications for @a16zcrypto’s CSX New York Cohort close in a mere 7 days.

As a founder, nothing beats the energy and satisfaction of building side by side with other committed entrepreneurs.

This IRL experience is one of the core design principles of
@a16zcrypto CSX NYC & stands out as a high point amongst CSX alumni.

Apply today & join us this fall in NYC: https://apply.a16zcrypto.com/

1/ Applications are now open for CSX Fall 2024 in New York City!

This is the first year that our Crypto Startup Accelerator (CSX) program – which provides expert guidance, capital, and resources for founders of early-stage crypto startups – will have two cohorts, one for Spring and one for Fall.

Killer generative art explainer from a real life NFT magician, @michaelblau. Read on!

Very much looking forward to working with the incredible group of founders who will be joining us for our CSX Spring cohort in London.

Congrats to the entire cohort and thank you to everyone who took the time to apply!

As of late, I’m finding the @warpcast mobile experience has surpassed X in terms of utility and usability.

Particularly loving the ability to swipe right to access /channels .

Nicely done, @dwr.eth and team!

1/ Energized by the rate at which key crypto primitives are snapping into focus!

Some compelling recent/near horizon advancements include:

- Continued drumbeat of L2 progress in terms of reducing Ethereum transaction fees and increasing throughput- @optimism, @arbit, @undefined

1/ Decoding the art of scaling can unlock massive business value, help avert painful crises and put you in the top echelon of startup operators.

Knowing when, how and in what dimension to scale your company is one of the most perplexing and often misunderstood job requirements faced by founder/CEOs.

1/ In Read Write Own, @cdixon accomplishes the seemingly impossible by:

- Providing an easy to understand introduction to the power and promise of blockchain networks for those who are new to the space....

Very excited to see what the most compelling Vision Pro use cases turn out to be!

My guess in terms of initial sticky experiences:
- Living room scale monitors
- Immersive sports experiences
- Killer tv/movie watching, particularly while traveling
- A few simple and unexpected games

I’ve long found strength & power in the words of David Goggins & his approach & process translates well in terms of what it takes to succeed as an early stage founder/CEO.

His recent conversation with Andrew Huberman is truly next level and worth a listen:

https://youtu.be/nDLb8_wgX50?si=dZ3QMDFxaicum3rr

Founders/CEOs,

Get your 2024 plan in place before your team takes time off for the holidays.

One effective strategy to help you get there: Implementing a lightweight approach to annual planning.

1/ Here’s a Founder/CEO power move:

Resist the siren song of the many conference & event invites you’re likely receiving and which seemed to hit new highs in 2023.

1/ One decision that no CEO likes to think about but every CEO eventually needs to make is why, when and how to fire an executive.

1/ One of many challenges that crypto founders/ceos regularly face is how to define quantifiable company and product objectives/metrics in an environment that is volatile and rapidly changing.

Here’s a potential solve for this. 🧵