Eternal Optimist, Builder, Backer, Vagrant, Evangelist, Nerd, CEO @bitcoinmagazine @TheBitcoinConf @UTXOmgmt @EarnWithBM All in on hyperbitcoinization.
Apr 16, 2022 • 7 tweets • 2 min read
Some inside baseball: @TheBitcoinConf cost us $30m+ to produce. That’s effectively a Series C funding round spent over 4 days 🤯🤮. We were def ripped off on some things, but w/o our team’s creative problem solving we could have easily spent $50m… some lessons worth sharing:
1. Economies of scale don’t exist past a certain point. We doubled attendees but 4x costs! Few vendors are capable of scaling that big, they need more lead time to execute, they can’t float you so most expenses are prepaid, regulations have a price tag and are strictly enforced…