Thought Leadership Threads
Frank Rotman
@fintechjunkie
An important decision every business makes is what to do with its cash💵.
Most thinly capitalized companies keep their cash in a business checking account.
But there are better options for businesses that have a year or more of runway. Much better! 🧵👇
Frank Rotman
@fintechjunkieWeb3 believers assert that #web3 is in its early adoption phase and that the masses will come just like they have with new technologies in the past.
There’s some truth to this narrative but forces are at play that make #web3 adoption MUCH MUCH MUCH more challenging. 🧵👇
Frank Rotman
@fintechjunkieThe #startup ecosystem has been turbocharged in recent years due to massive capital inflows.
A downside is that the playbook has been lost around how to build a healthy business.
Being able to make money with a single product at low levels of scale needs to be re-learned! 🧵👇
Frank Rotman
@fintechjunkieCapital is less available than it’s been in recent years. So Investors are advising companies to make changes that reflect this new reality.
How should Founders deal with divergent opinions? How should Founders make decisions when there's disagreement? 🧵👇
Frank Rotman
@fintechjunkieWe’re in the middle of a crash and burn crypto cycle with “Exhibit A” being a handful of large lenders unable to meet their obligations due to “technical insolvency”.Could TradFi policies have prevented these meltdowns?The answer isn’t clear but is worth exploring.🧵👇
Frank Rotman
@fintechjunkieEvery year I write a thread about how American Ninja Warrior (#ANW) is my favorite TV show and how the startup ecosystem can learn from ANW.
And now that I’ve spent time in the web3 space I can see how adopting the ANW ethos could improve the success rate in the #NFT space.🧵👇
Frank Rotman
@fintechjunkieHere are six observations about people's behaviors that amaze me because they make no sense.
Does anyone care to shed light on these topics?
A very short 🧵 👇
Frank Rotman
@fintechjunkieIt’s widely believed that “grit” is one of the most important characteristics of successful people.
After 8 months in the web3 space I have a view that many of the problems in the NFT ecosystem are directly attributable to a lack of grit.
A few controversial thoughts: 🧵👇
Frank Rotman
@fintechjunkieFounders can be stereotyped into one of two general profiles.
In today’s funding environment one profile is likely to survive and thrive while the other will struggle and possibly die out.
Which are you? 🧵👇