15531
qw

@qw #15531

Customer support @alliance
3185 Follower 2151 Following
My best advice for founders struggling to raise from VCs right now is to raise from angels. They are price insensitive. They got wealthy (again) after 15mo of bull market. U can raise a decent preseed with just angels now.
really don’t understand why preseed investors make founders go through 10 hours of due diligence. they end up falling prey to analysis paralysis while wasting founders’ time. an hour max is enough to tell if a founder is the real deal
Fundraising environment is improving rapidly thanks to public market closing in on ATH. Founders, take advantage of it.
Answering any questions you might have about Alliance / what it’s like to build in crypto right now for the next hour or so.

AMA 👇
Starting in 15min!
See you in 2 hours!
Farcastles is the most interesting thing I saw on this app this week. Don’t believe I’ve ever seen anything quite like it. Fundamentally enabled by decentralized social.

Are there other games built on top of farcaster?
Despite having worked with @imran for 4 years I still find myself regularly uncovering new qualities in him

Just like in marriage mutual respect and admiration are key to the longevity of a cofounder relationship
This is the highest, flattening retention rate I’ve seen in any crypto products after week 6 https://x.com/myprasanna/status/1758442241662550218?s=46
There r 2 founders in the current @alliancedao cohort who previously built 9-fig companies, and 2 other founders who built unicorns. They r also some of the most humble founders I’ve met, constantly learning and seeking candid feedback. There’s a pattern.
I have immense respect for blast. When it first came out ppl were upset about the lack of “tech innovation”. But the fact is they innovated on distribution, with referral, kol marketing, yield, etc. And the end result is >$1b in tvl. Devs now go there because of the tvl which makes it easy to get off the ground
Once a founder sees signs of pmf, I work with them on nailing the narrative.

At times I feel some founders are embarrassed by it. Partly because there’s too much vaporware in this space commanding huge valuation by playing narrative

I tell them, u have a good product, so be unapologetic about playing the narrative
Updated thought on erc404:

I don’t recall ever seeing a fractionalized nft trading $70m volume at $200m on day 1

Naysayers may be right about erc404 tech limitations, but this may be one of those cases where distribution > tech
Points and tokens are the most powerful and the most scalable user acquisition mechanisms known to mankind, but they aren’t replacements for “doing things that don’t scale”, especially in the early days
$7t fundraise

Altman has had enough with the nvda-tsm-asml monopoly
What topics we should talk about next on @goodgame ? Which guests should we bring on?
Referral programs within frames will be wild

Post a frame where ppl can trade, mint, shop. Earn a % of the tx fee.

Instant virality
What does everyone think of erc404? Here to stay or a fad?
Most big funds help their founders with hiring

We actively advise our founders against prematurely scaling the team before strong signs of pmf

2 tight-knit, nimble cofounders working 80hrs a week without management overhead can achieve far more than ppl think
Hello world

Check out the frame that my colleague @elseidy built

Fun fact, about 1/2 of @alliancedao core team is technical - current or former engineer/datasci
Frames are paradise for nimble technical growth hackers