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The Impact of Blockchain on SaaS

Tom Tunguz

The blockchain is a technical advance. Over time, the blockchain’s distributed database will find important applications in business, and funding will follow. Blockchain startups have already targeted major buyers of software, from email security products to job marketplaces, from legal products to human resources software.

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The Critical Question Facing Web3 Infrastructure Startups

Tom Tunguz

Migrate the database (blockchain) and the file system to ensure on-chain asset ownership survives the company. How this quandary resolves will determine the most attractive places to build new infrastructure startups. Third, software engineers decentralize only a subset of the app. The remaining part of the stack remains on web2.

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The New Key Competitive Advantage for Web3 Startups

Tom Tunguz

Public blockchain data enables look-alike modeling not possible on the web without full credit card or banking data. Those fundamental changes create opportunity for marketing startups to serve web3 marketers better. This new marketing discipline will enable the first generation of crypto martech (marketing technology) startups.

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Which Categories of Seed Startups are Thriving? Which Aren't?

Tom Tunguz

Which sectors see more startup company formation than others? Eight years ago, there were nearly zero AI startups seeded. Blockchain - another exponential curve that shows growth from 0 to 200 startups in eight years. Blockchain is clearly the category with the steepest slope. Others have grown by more than 3x.

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What Does AirBnB's 'Shares for Hosts' Idea Imply for Blockchain?

Tom Tunguz

Startups remain private longer. The SEC is actively investigating ways to provide main street with access to startups. And the Blockchain is here. Network effect businesses, those like AirBnB and Facebook, face a theoretical risk from blockchain startups. Blockchain technology incentivizes network participants.

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ChatGPT & Taylor Swift

Tom Tunguz

You won’t find people outside of tech hubs googling for microservices or layer 2 blockchains or serverless databases with any great frequency. For startups, this inquisitiveness is a wonderful thing. But Minnesotans & Idahoans & Vermontans are searching for ChatGPT. People are curious about AI.

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Web3 in SaaS Clothing

Tom Tunguz

If the current pace continues, web3 startup fundraising will fall by 73% in 2023. Those billions are the future of web3 startup growth. In that transition, web3 software & infrastructure companies will shed their language of wallets, blockchains, & tokens for terms most buyers understand : accounts, databases, & credits.