Who is this for?
- if you have a track record of making stuff happen
- if you’re thinking about starting a nonprofit
Why build a small business? (instead of a nonprofit)
- Much better feedback loops
- Money ⇒ scaling up
- Faster learning ⇒ career growth
- More contact with reality
- Concrete wins are good for diversifying the movement
- Easy to go from company ⇒ nonprofit, harder the other way
- Big examples obv are Dustin Moskovitz, Bill Gates
- More “locally”, Lincoln Quirk of Wave
- I haven’t really seen anyone go the opposite direction…
Aside: more nonprofits should see themselves as selling goods and services, rather than raising donations. Lighthaven’s doing a reasonable job of this.
Why serve the gray tribe?
“gray tribe” = rationalist, EA, Bay Area/London/NYC hubs. Reads blogs, drinks Soylent. AstralCodexTen, LessWrong, EA Forum, Marginal Revolution.
- We have a lot of money
- Tech money, crypto money, (soon) AI money
- Good feature of a customer to have
- Business value is roughly # customers x $ size of customer; if $ size goes up you can do less sales and marketing
- Good for fundraising, investment
- Early adopters: open to weird, novel ideas; willing to beta test stuff
- You understand the customer profile, can dogfood
- (tbh this post might be very selfish: “make more things for Austin, I can pay you”)
- High degree of trust within gray tribe
- Good for distribution! see Lantern,
- Your customers are smart, like you. This is fun!