@naval The most intuitive explanation that I came up for NFT was,
NFT is the DNA report that you're the father of your kid.
You don't own him, but nobody else can claim the same thing that you can.
My favorite quote I heard from @tobi:
"If you made something 10% faster, you did something smart.
If you made something 100% faster, you just stopped doing something dumb."
This is brilliant.
'I write a paragraph about why I should take a meeting.'
If you should take the meeting it's easy to do, but if you start writing and you're like “I don’t want to do this,” then the meeting is a waste of time.
"For the things that I think are really important when I’m like, “I got to write that paragraph, I could write 20 pages. It's easy”
A lot of otherwise smart people, don't spend enough time thinking about what they're working on.
Of course that’s your contention. You’re a first time founder who just moved to the mission. You just finished reading some twitter vague post about markdown being code, Garry Tan prob’ly, and so naturally that’s what you believe until next month when you discover pmarca and get convinced that self reflection is only for poor people. That’ll last until you realize he's one shotted, then you’ll be in here regurgitating Paul Graham saying taste trumps technical ability and the capital-forming effects of the gender ratio in SF
Well as a matter of fact, I won’t because PG drastically underestimates the impact of –
– PG drastically underestimates the impact of parasocial dynamics predicated upon proximity to e-girls, especially inherited proximity through hacker houses in Hayes Valley..." You got that from the G-Stack right, README.md, right. Yea I read that too.
how to build a bootstrapped startup without funding:
1. pick a problem you personally have. if you don't use your own product daily, quit now
2. skip the pitch deck. open your code editor. ship something ugly in a weekend
3. charge money from day 1. free users give you nothing but support tickets
4. use boring tech. PHP, SQLite, vanilla JS. frameworks are a trap that mass waste your time
5. host on cheap VPS ($5-20/mo). not AWS. you don't need kubernetes for 1,000 users
6. do customer support yourself. it's the fastest product feedback loop that exists
7. automate everything you do more than twice. cron jobs > employees.
8. grow on Twitter/X by building in public. your journey IS the marketing
9. keep your burn rate near zero so you never need to raise. ramen profitable > series A
10. say no to investors, cofounders, and "advisors" who want equity for intros
i've been doing this for 10+ years now. no employees, no funding, no board meetings
the entire VC game is designed to make you think you need permission to start
you don't
I don't believe that AI will replace most white collar jobs in the near future, because it's difficult to automate fake jobs. Covid demonstrated what happens if a majority of white collar workers stay at home and switch to simulating their work via video meetings: nothing.