Fear of crypto copycats
Relative to NON-crypto projects
For crypto projects, network effects are more important, switching costs are equally important, intangible assets and efficient scale are less important, and cost advantage is not important
GOOD ARTISTS COPY. GREAT ARTISTS STEAL by Kyle Samani, who is also MultiCoin Capital
The logical conclusion is that the key to long-term, sustained success is go-to-market strategy and execution, and that technology and product are almost irrelevant.
The whole point of money is that it solves the double-coincidence of wants problem that makes barter massively ineffective. Requiring customers purchase your tokens in order to use your services is a huge barrier to mainstream adoption.
Cryptocurrency Incentives and Corporate Structures by Elad Blog
Where to Go After Product-Market Fit: An Interview with Marc Andreessen by Marc Andreessen and Elad Gil
Andreessen, Costolo Want Wall Street to Adopt a Longer View By Nick Baker April 23, 2018
10+ Essential Books and Resources for Startup Growth and Marketing
Being right and patient is what matters.