Panic led to lockdowns. Lockdowns led to fiscal stimulus. Stimulus led to inflation. Inflation led to monetary tightening. Tightening leads to recession.
The panic wasn’t free - and the bill is coming due.
As startups grow there is extremely strong pull into what I call the death spiral of bullshit.
More people -> more teams -> more buy-in required -> more meetings -> being persuasive rewarded more than building -> builders leave -> nothing gets done
my 10 favorite web3 reads of 2021 (in no particular order)
super hard to narrow down but here goes nothing 😆
1 / NFTs make the internet ownable @jessewldn
https://t.co/07yRAvDl1k