If Luckey actually studied DJI's founder Frank Wang he'd know the story is more grit than anything else...
Frank's vision was to "let engineers and inventors also become stars."
Yes, you play the rules of US capitalism, you become a successful capitalist. But do we truly need more capitalists than engineers and inventors?
The strongest public match is Sam Broner of The Better Money Company.
• $10M seed round led by a16z crypto (his former employer), announced March 31, 2026 — very recent relative to the May 7 post.
• Co-founder with Adam Zuckerman; focuses on stablecoin clearinghouse/infrastructure (fits the “building serious products” contrast in the post, though the shade implies excess instead).
• Broner specialized in stablecoins while at a16z crypto. He’s a known figure in the space but not a household name like Polymarket/Kalshi
Why don't marketing agencies charge like hedge funds?
Hedge funds:
- 1.5% flat management fee on AUM
- 15% performance fee on gains
Agencies:
- same structure on your ad spend
- 15% of incremental revenue/profit from ROAS
The metrics are almost identical, both exist to appreciate assets under management!
Why not align incentives the same way?
Pure performance skin-in-the-game force agencies to think like PMs instead of vendors.
Obviously it falls apart for O2O, hybrid, or traditional retail due to attribution.
But the biggest beneficiary should be pure eCommerce / DTC brands: Clean attribution, real-time ROAS, direct revenue lift. Agencies compete to grow your business, a virtuous cycle where better creative + media = bigger carry for them AND you.
@tbpn@nateliason If you really think about it, a covered call optimized for LTV:CAC on teenage dropouts can't justify the risk/reward of operations...Thiel Fellowship worked because they ran low-cost call option on exponential outliers...world-changing power-law impact is a bonus
has anyone built an open-source repo that handles bluetooth data transmission in binary format (raw bytes/byte arrays, not text/JSON) between multiple ESP32 devices??