we often talk about "founder energy" @speedrun - how some founders can channel a sense of momentum, energy, & intensity in all their interactions
we've also observed it can be a learned skill. a few tactics:
- fast decision-making: make decisions quickly even with imperfect information, speed is life
- focus on the future not the past: what's coming up next on the roadmap? what should folks be excited about?
- a belief in success: there are a million challenges but "we can figure this out" - you provide energy vs subtract it
- be in the weeds: you're involved with every aspect of the business - from eng standup to discord customer support to sales, esp early on
- celebrate wins: take the time to highlight wins no matter how small and thank colleagues/partners
channeling great energy as a founder is key because it helps with the 2 areas early-stage start-ups spend most of their time on - recruiting talent and fundraising. the vibes matter a lot to employees taking a pay cut and to investors who are betting primarily on the founders
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1/ generative agents - apply LLMs to agents inside simulation games for incredibly lifelike behavior
sim games are popular. >70M people around the world play the Sims, where they manage the everyday life of virtual humans in an "interactive dollhouse"
2/ @joon_s_pk led a research team that applied ChatGPT to 25 Sims-like agents inside a virtual world
the emergent behavior was fascinating - over 2 days, the agents planned a Valentine's Day party and struck up new friendships & dates, all on their own
1/ excited to share that @a16z is leading a $40M investment in @CCPGames and their new AAA game - set in the EVE Universe & merging 20 years of best-in-class game design with the latest in blockchain technology 🔥
2/ years before the first blockchain, sci-fi MMO @EveOnline proved many of the core principles of web3
EVE is a virtual world in which every item from drones to dreadnoughts is player-made & tradable in an open economy. players self-organize into complex corporations & alliances
3/ since 2018, 50M+ EVE players have manufactured over 276 billion items and engaged in some of the biggest wars in games history
the Massacre of M2-XFE set a Guinness World Record for game wars, involving the destruction of over 3k spaceships (in-game value ~$378k USD)
1/ games are unique in how new platforms (ex. mobile) grow TAM rather than cannibalize older platforms - take console:
@Sony just had a monster PS5 quarter 🔥
- 32M consoles sold to-date
- 7.1M sold last quarter (82% YoY growth)
- $9.7B games & network revenue (53% YoY growth)
2/ consoles are 📈 today despite growth in mobile gaming, and against a consumer recession
@ballmatthew has a great chart on how new game technologies drive net growth by unlocking new types of content (& thus bring in net new users)
this is unique vs other media (film, music)
3/ new platforms are thriving as well. VR headset sales broke records in 2021 and the Quest 2 is estimated to have sold >15M units to-date
1/ generative AI will likely go big first in vertical communities like anime, games, D&D 🎯
while most folks are focused on film/tv, i think high-end creatives will be the last to adopt - too much existing tooling, inertia, unions etc
the fringe is where revolutions start 🤘
2/ new innovations spread like wildfire through verticals with dense & passionate communities 🔥
- dense: each member has a high average # of connections
- passionate: members love talking about their affinity for a product
-> anime & games are good examples
3/ anime - entire communities have sprung up around 'jumon' or the best seed phrases for generating anime. AI is valuable here because anime is visually distinctive yet difficult to learn to draw
1/ excited to share that @a16z is leading the $56M Series B in @readyplayerme - a leading platform for interoperable avatars, used by over 3k developers across web2 & web3 virtual worlds. i'm honored to join the board and team up with @cdixon 🔥
2/ we believe the next generation of virtual worlds will be built with interoperability as a core tenet, enabling players to own their identities & digital assets and take them wherever they go
these open economies will be larger & more durable than any walled garden to-date 🧱
3/ Ready Player Me (RPM) is leading the way in building the interoperable identity protocol for the open Metaverse
RPM provides developers a plug-&-play system for 3D avatars. Devs enjoy best-in-class avatar tech and get to market faster by focusing on their core product 🎯