Thinks 514

Bret Stephens: “Why do we admire Volodymyr Zelensky? The question almost answers itself. We admire him because, in the face of unequal odds, Ukraine’s president stands his ground. Because he proves the truth of the adage that one man with courage makes a majority. Because he shows that honor and love of country are virtues we forsake at our peril. Because he grasps the power of personal example and physical presence. Because he knows how words can inspire deeds — give shape and purpose to them — so that the deeds may, in turn, vindicate the meaning of words. We admire Zelensky because he reminds us of how rare these traits have become among our own politicians.”

FT on Demo Days: “The best presentations combine the two strategies, telling an anecdote that the audience will remember while reassuring them that other investors are already on board.”

Harsh Rajat of EPNS: “In Web3, a company is usually useless. The basic idea is that you start out as a company and in four to six years’ time, you decentralise it. Unlike the Web2 world, the founders and investors can’t dictate what happens in the decentralised world of Web3. You can put up a proposal, but ultimately it is the community that can give an approval or not. When founders take funding in the Web2 world, they have to lay out a vision for the next few years. If it is a community that ultimately decides what happens in Web3, is not that something that VCs would have a problem with? You pitch to investors that this is what I want to do with the project. No one can stop you from building the thing, but the community decides whether to adopt it or not. Generally, the community knows that the founder of a project will act in its best interests. Also, they know what kind of things are in their best interests given that they own tokens in the project.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.