Pan Am/Golden Age of VC is over. Token sales = Southwest. No assigned seats, no biz class, point-to-point only, here are your peanuts.
-
-
In this analogy, market is segmented by the length of the maximum route in miles = upper end of the capitalization stage (seed, A-D, public)
-
The interesting thing about token sale model is that it breaks financial scale segments. Token sales have spanned seed to B/C level raises
- Show replies
New conversation -
-
-
the new age creates the opportunity for many more passengers to fly / startups to form; many more air travelers / new jobs
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.