Dani Grant, co-founder and CEO of Jam, discusses the importance of selecting a problem and target audience that a founder genuinely cares about.
Insight
Grant: Software moats are dead and brand is the only remaining defense
“Moats are dead and brand is the only moat. It's like, we used to all talk about network effects and like, you know, build something like Twitter. But if you think about all the software tools you use right now, there's not really a network effect. There's not …”
Opinion
Grant: Coding bootcamps are among education's best innovations in a decade
“Like I think coding bootcamps have changed so many people's lives. Like I just, I think they are one of the best things that's happened in education in the last 10 years”
Opinion
Grant: Audiences now trust individual creators over anonymous social media accounts
“I believe that that would work, but I wonder if it still works well in like 20, 25. And the reason for that is I think people are moving away from trusting anonymous accounts to trusting people.”
Prediction Not checkable as stated
Grant: In 50 to 100 years, software services will generate on-demand from public data
“In the future, there will be some sort of public database of things. And then when you want the service, it can just be automatically generated for you in that time. And like, that's not five years out, but maybe it's a hundred years out or 50 years out. I don…”
Opinion
Grant: Retail shadow LP funds will fail because VCs hide their returns
“This is, for the record, an idea that won't work, and it won't, like, and there are more reasons than that, that it won't work. It's like, also, they love not having to share their fund, like, returns with the general public, and this would change that, like, …”
Opinion
Grant: Dev evangelism bounty platforms will become increasingly profitable
“I think this is A cash flow profitable business, and I think it gets even more profitable over time, just given the, like, decline of the cost of producing software.”