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I agree with this. I think we've managed to produce a good UX on a new protocol, which is important but not what the market measures us by. The market is lookin
by pfraze 2y ago
I agree with this. I think we've managed to produce a good UX on a new protocol, which is important but not what the market measures us by. The market is looking for great products. That's going to take us improving at design execution as an org. I've said this before on HN; I'm sure you can find it in my history.
We started as a protocol design company. Shifting to a product & services company has been a process, and "moving quickly" as a new org in an established market-space is a comical challenge. We got pitted against Threads, which was able to reuse the scaling and moderation infra of Insta and take on 100M signups in their first week. The only way to be competitive here is to find a differentiated & novel execution which finds PMF.
The protocol work is the PBC mission, but new technologies need PMF to gain distribution. We're not trying to sell people on ideology or ethics. I do want folks to know how the technology works, however, so I will post threads like the one linked here.