Nostr projects have a nice opportunity to bootstrap via grants, while retaining full control and ownership.
But continuing to fund via grants over the long term does seem to be detremental for most projects. It kills any sense of urgency. The incentives are not there to build a useful product for users.
Cosign.
doesn't seem like your VCs make it any better, or are your devs just missing some screws or something
There's no one stopping other investors from betting on what they think is a better horse.
That is beside the point that grants lead to economic lethargy, when they're too generous or long-term. Humans need a sense of urgency, to stay focused and recognize opportunity.
with most nostr grants i think the problem is they aren't targeted at a purpose just "do whatever" even though they say that at the beginning, not one grantee seems to stay on one task and get it done properly
Because they don't want to micromanage them. Grant-givers aren't bosses and NGOs aren't businesses; they're charities.
Businesses need to be run for-profit, so that the market is the boss.
the other bizarre thing about the grants is that they all pretty much seem to be for clients, and nothing is about getting a concept for a business off the ground
Sorry, wrong emoji. 😂
Yes
What the hell is a "plan"?
Having a plan is hell.
Only if it is made by the wrong person.
Is the wrong person for making a plan not always the same person? Where this same person is always "someone with incompatible values compared to mine".
( nostr:nprofile1qqsyvrp9u6p0mfur9dfdru3d853tx9mdjuhkphxuxgfwmryja7zsvhqpzamhxue69uhhv6t5daezumn0wd68yvfwvdhk6tcpz9mhxue69uhkummnw3ezuamfdejj7qgwwaehxw309ahx7uewd3hkctcscpyug I' just vibing with taking the opposition to you.)
We have a plan.
Are you from hell?
No, we have a heavenly plan to bring knowledge to the huddled masses. 😁
I am thankful for this specifi url from you. 🫂
Do I come finally in close contact with your project which you were taking with you to nostr:nprofile1qqsq7pslujvn5pp3ggzje3qqfua45lyrnrfrsj68emztfe7qpzvwt6qpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtc24jcvr Hessen and I actively got around back then? #purplekonnektiv
🤣🤣
Hahaha @ Odell
True 😉🤟🤝
Not seeing meaningful impact
this is why i weaned my smol business off the grant train 8 months ago. still here. still focused on being sustainable.
burn rate low, i will outlast both grants and VCs flooding the market with free subsidized services because I only have an obligation to my customers.
Not all heros wear capes.
Yes. Grants as your ante and the rest from winning hands.
