there are two big pushbacks on our model, one of which is valid and one of which I think is not: "giving up control sucks for founders" agreed, working on improving this 👍 "having a liquid token sucks for founders & causes them to focus short-term" disagree, there are pain points with a liquid token but I think it's incredibly useful to have high surface contact with reality / the market from day 1 when you have a liquid token it forces you to ask yourself every day "am I really moving the needle here? are we shipping fast enough?" Zuckerberg has said that he wish he took Facebook public earlier, that the quarterly reports forces a level of discipline that you don't get in the private markets, and I 100% agree in my view, a big reason why founders have had poor experiences with tokens is that they think that they're worth much more than they are, leading to most of their marginal bidders being moonboys / gamblers, who then get disappointed and take it out on the team when the speculative fervor dries up and the token approaches fair value which seems to be at least mostly solved by launching at a fair valuation

@DougieDeLuca the only thing I think having a token forced me to do was monthly updates I honestly think I could be in a hidy hole the rest of the time (although this wouldn't be good for biz as most of my customers are on twitter) and it wouldn't have a super big impact on token