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YC

Y Combinator Cast

07/01/17

@ Y Combinator

The funding model of Ethereum allows developers to focus on protocol development without the pressure of immediate product monetization, as they can earn from the native token.

Video

IPFS, CoinList, and the Filecoin ICO with Juan Benet and Dalton Caldwell

@ Y Combinator

IPFS, CoinList, and the Filecoin ICO with Juan Benet and Dalton Caldwell

07/01/17

Related Takeaways

Y Combinator Cast

08/18/23

@ Y Combinator

Fundraising should not be the primary focus; instead, founders should concentrate on building their product and engaging with users. Money is just a tool to help grow the business, not the end goal.

Andy Bromberg

03/09/18

@ Y Combinator

Many token companies may fail because they run out of money, highlighting the need for effective fundraising strategies to support ongoing development.

Juan Benet

07/01/17

@ Y Combinator

We can propagate rewards through open source, allowing people to invest their time in valuable projects instead of just money, leading to a new economic model.

Anatoly Yakovenko

06/13/25

@ a16z crypto

The platform's design reduced developer optionality, making it harder to code but ultimately lowering business risk, which contributed to the success of memecoins on Solana.

Y Combinator Cast

07/01/17

@ Y Combinator

The current excitement around ICOs and cryptocurrencies reflects a significant shift in how projects can be funded and developed in a decentralized manner.

Andy Bromberg

03/09/18

@ Y Combinator

Tokens in ICOs serve as an incentive layer on decentralized networks, allowing for trustless transactions without a central authority.

Harvard Innovation Labs Cast

02/02/14

@ Harvard Innovation Labs

The business model includes generating revenue through grants and charitable donations, which allows for flexibility in funding projects without long approval processes.

Y Combinator Cast

03/01/24

@ Y Combinator

The new Y Combinator standard deal alleviates pressure on founders by allowing them to focus on building conviction without the immediate stress of fundraising.

Konstantin Richter

05/03/25

@ EO

I saw a gap in the market for tools to run Ethereum nodes efficiently, which would enable institutions to engage with blockchain technology.