Choosing a career path in tech can be very confusing 😞
Imagine being presented with so much good food and you have to choose only one. 🙄
To even make it worse, people eating other dishes are talking about how delicious they are. 😂
That is exactly how choosing a tech career feels, be it in Web2 or Web3.
-Developers bragging about how easy it is to find opportunities.
-Data analysts talking about how much they're paid
-Video animators creating breath-taking stuff
-Writers buying some beautiful gadgets
-Influencers buying property and cars everywhere and every day
Where do I go as a newbie?
I had a conversation with @web3mcrich on choosing a career path in tech at #Chaintalks.
Go watch the full episode here:
https://t.co/VaoNuWPYEH
@AIjiebor92925@DuruOzii Increase in revenue isn't the same as increase in profit margin. We haven't checked the customer acquisition cost, CAC yet.
If the revenue is coming from first time payers it might even be that they paid to enjoy first timers rewards and dropped off afterwards
LTV brings profit
@DuruOzii When the churn rate is high, Lifetime value, LTV is reduced
Increase in revenue might show a good activation rate, which means a smooth onboarding process but inability to have customers pay again is definitely a problem
We're only told about increase in revenue, how about CAC
Most people joined Web3 because they believed blockchain would create transparency and remove the need for blind trust
But today, users still deal with fake activity, hidden risks, and ecosystems that look secure on the surface while vulnerabilities sit underneath
#veritychain
CRYPTO PROMISED FINANCIAL FREEDOM.
But somewhere along the way, people started giving away the one thing crypto was built to protect: ownership
Exchanges collapsed
Funds disappeared
Trust broke
That’s one of the reasons BLOK Capital caught my attention
A thread
@blok_cap