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- Social Leverage Letter | Issue #53
Social Leverage Letter | Issue #53
Cognitive Fatigue, Running Multiple Businesses, Web3's $6 Trillion Market, the 'Voltage' to Scale, and the Definitive OG
Pete Weishaupt
September 04, 2022
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READING
How cognitive fatigue affects decision-making.
Cognitive fatigue, though not the same as being physically tired, is a phenomenon that makes deciding things like what to wear, or what to eat for dinner, annoyingly difficult for many of us. According to new research, there’s a physiological reason for it. Learn why it happens, and how it affects your decision-making.
Run multiple businesses without running yourself ragged.
Running several businesses, or projects, especially if you’re a founder with a day job, is more doable than you’d think. Many founders thrive working multiple businesses; but it’s a unique path that requires deliberate planning to pull it off.
The Web3 blockchain technology sector will be worth more than $6 trillion dollars.
Web3 will be worth more than $6 trillion dollars in 2023, according to Market Research Future, and will continue to grow at a CAGR of 44.6% from 2023 to 2030. Executives should look towards the metaverse, decentralized apps, AI/Machine Learning, and video gaming for accelerated growth in this space.
WHAT ELSE WE'RE READING
Here's a few other stories that caught our eye over the past week.
How to fundraise a Series A
Startups Are Raising Supergiant Seed-Funding Rounds From VCs
Tech Billionaires Are the New Welfare Queens
LISTENING
How to make good ideas great and great ideas scale.
Economist and author of The Voltage Effect: How to Make Good Ideas and Great Ideas Scale John List, discusses why scaling is subject to the “Anna Karenina principle;” if even one factor is wrong, your entire endeavor will fail. Another lesson? Going from zero to $500M is very different from going from $500M to $10B; and it takes two very different leaders to carry off either stage.
WATCHING
Howard Lindzon - StockTwits Co Founder, VC, and Definitive OG.
Our very own Howard Lindzon sits down with Eric Satz on the Altogether Show to discuss Howard’s passion for the decentralization and democratization of investing.
DEAL FLOW
The latest venture funding from around the globe:
AstriVax's Record-breaking €30M Seed Round
Outpost Raises $7.1M Seed Round to Develop Reusable Satellites for Earth Return Service
GoGoPool Announced $5M Seed Round Co-led by Framework Ventures and CoinFund
SparingVision raises €44.5M to develop mutation-agnostic gene therapy
PMV Pharma Announces $30 Million Raised in Series A Financing
WEB3 ROUNDUP
News on blockchain/web3:
Top 15 Web3 Companies in 2022 - NFT Evening
Dragonfly GP talks web3's current and future state at TC Sessions
Helium Proposes Shifting its Entire Network to Solana Blockchain Months After $200M Raise
ET CETERA
Congratulations to Garry Tan!
Next year, I'll be going back to Y Combinator as President and CEO.
It's a one in ten billion lifetimes kind of opportunity— YC gave me my start, and I'm deeply grateful to the community.
— Garry Tan 陈嘉兴 (@garrytan)
1:05 PM • Aug 29, 2022
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