Notes from the Podcast “Founder Lessons with The Jupiter and Tensor Teams”

Notes from the Podcast “Founder Lessons with The Jupiter and Tensor Teams”

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1 min read

Imran and Qiao invited Meow, Richard Wu, and Ilja Moisejevs, founders of Jupiter and Tensor to share founder lessons and talk about what’s happening on Solana. No BS crypto insight for founders.

https://youtu.be/oyyiBMLaixI?si=uDqc1GbliBeuZRdw

tl;dr

  • Communities in DeFi and NFT spaces are vastly different, with minimal overlap.

  • For startups, customer care and actively listening to user’s feedback are crucial.

  • Having 100 active users is far more valuable than 1,000 passive users, for a startup.

  • Most crypto DeGens trade and use DApps based on narratives.

  • Startups should prioritize generating more user feedback.

  • The internet has amplified niches.

  • Ethereum has significantly greater mindshare, liquidity, developer talent, and institutional backing compared to other blockchains.

  • Solana’s advantage is that a single-chain user experience will be more secure than a multichain future.

  • FireDancer’s main benefit is it increases client diversity, not TPS.

  • Blur’s founder building Blast (with native staking yield is a brilliant idea).

  • We’ve observed a gradual shift of founders from crypto to AI over the years.

  • Stablecoins are very difficult to get in developing countries, crypto solves this.