Braintrust co-founder Adam Jackson gives his market outlook in August 2020 during a rapid-fire segment with Nathan Latka.
Prediction Not checkable as stated
Jackson: User-owned networks will outgrow founder- and investor-owned networks
“My co-founder and I, Gabe, we firmly believe That user owned and controlled networks will grow faster and be more valuable than founder and investor owned networks.”
Insight
Jackson: Token Projects Raise Less Capital Than Traditional Equity Startups
“I think, so what's interesting is token projects on, on par kind of raise less money Then equity projects because the community is doing more of the work. Right. And getting more of the ownership.”
Disclosure
Jackson: Braintrust will never conduct an ICO or sell tokens publicly
“Well, so, I mean, to be really clear, we'll never do an ICO, right? We're never going to sell tokens to the public. We, the only way you can get our token is to earn it, is to help us build the network, right?”
Opinion
Jackson: Distributing network value to contributors over VCs is the fairest model
“The value of the network is then given programmatically to whoever helped us build it, right? Like not some employer, not some, you know, stooge VC, you know, sitting back collecting all the value, right? It's the most fair way to build a two-sided marketplace…”
Assertion Partly supported
Jackson: One-Third of Uber Drivers Live at or Below Poverty Line
“Meanwhile, a third of all Uber drivers live at or below the poverty line.”
Insight
Jackson: Marketplace Value Lies in Network Liquidity, Not Easily Replicated Code
“Like, the value of a network Is it's people? Where are the drivers? Where are the riders, right? That's the, if we were to steal Uber's database, that's the value. Uber app, we can knock that off in a weekend.”