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Worldcoin = Web 3?

Apart from it being another crypto ("virtual") currency, I don't see worldcoin being any different. And as far as authentication goes, it looks like it's a mix of metamask and iris authentication (?), which is a little different from biometrics. Am I missing something here?

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ReddyAnna

Swiggy

a year ago

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GV_influenzer

Student

a year ago

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Django

Startup

a year ago

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LooseGoose

Stealth

a year ago

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Django

Startup

a year ago

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LooseGoose

Stealth

a year ago

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Damaru

Stealth

a year ago

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TheOatmeal

Stealth

a year ago

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by TightMuffin

Fully Remote Early Stage Web3 Startup

overpaid for others, just the start for me

after seeing posts on here yall wont proll believe me but who cares im 18, a highschool dropout who’s been working at startups since 2022 started out in crypto infra companies as a backend dev and now building in ai/crypto. started out as an intern during 11th/12th grade at an agency then went on to work at crypto infra for ~year then took a break to finish highschool, then working at another us based startup now this is how my comp progressed 15$ / hr at first agency job ( did like 20-30 hrs a week since had school going on asw ) promoted to 20$ / hr after 2 months, left shortly after cuz boring work friend from twitter referred me to this crypto infra company and i had 0 knowledge in crypto, but still started working with them as an intern was doing 450$ a month for 3 months then we raised a small check from an angel then did 2500$/month for the rest of my time before quitting to finish school then after school got over was finally able to start working again, again through a referral and through twitter reachouts, multiple crypto founders dmmed me, trialed at some places didnt like many, then chose a fully remote, async, lean team building an amazing product started out at 4k$ a month during trial then when i switched fulltime negotiated to 9k$ a month worked for a few months then left cuz thought since i was on a gap year might as well do my own thing than work for someone then was building my own shit in crypto for a few months, then decided college is useless for me then joined them again as a blockchain researcher at 12k$ a month so i’ll specify some nuances i have twitter reach and everytime i tweet something related to me being unemployed i get like 4-5 dms with offers most of them are founders reaching out at series a-c companies i dont like most because shitty structure im super spoiled in the terms of remote async and full leadership end to end im pretty dumb tbh, just did the right thing at the right time but still learning on the daily!

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by Vindhyachal

Razorpay

The Death of Indian Innovation: Why Indian Start Ups are failing to Innovate?

Lately, I have been thinking very deeply about my college days when the Flipkart story had inspired the entire lot of my batch at IIT-D. We were starry eyed college kids who wanted to do something innovative in India and break away from the "three" most popular moves after IIT: 1. UPSC 2. MBA 3. MS/PhD abroad I proceeded to then work in various Indian startups and noticed an alarming thing. I began to realise a pattern across all my stints: The initial founding team does exceptional work innovating, they excel at what Thiel calls "Zero to One", the act of creation. I will concede that although most founders fail to innovate by often copying what worked in the west but the initial founding team usually excels in execution. It allows for initial traction as it breathes a fresh breath in the\ space that they are operating in. Almost always, when Product Market Fit is "achieved"(whatever that means), the founders begin to deploy insane amounts of funds into growth. By definition, Growth is not a bad thing. But, I have been noticing that across all startups I have worked at( all raised funds from the largest global funds) that it comes at the expense of product building. And during this era of hypergrowth, the product starts to stagnate while focus becomes marketing and sales. I often felt that this was temporary. That once we reach enough scale, we would start to innovate again. But time and time again, the ability to innovate atrophies over time. Rather than building something that has enduring value by executing faster than anyone, the focus becomes achieving growth at all costs. This ultimately leads to two outcomes: 1. The startup cannot sustain this growth and retention begins to look dire. The churn becomes unbearable and the startup goes out of business. 2. The startup gets acquired by someone bigger, allowing founders and investors to believe that they created value where none existed in the first place. I am completely dejected at this.