I went into
@draper_u thinking I was refining a Cardano startup idea.
I came out thinking very differently about how I build companies.
For four weeks in Silicon Valley, the Genesis program forced me to question market size, customer validation, fundraising, go-to-market, trust, security, and whether what I was building was actually a business.
The original idea was a Web3 bounty platform.
That eventually led me somewhere much more interesting: programmable escrow and stablecoin payment infrastructure.
In this video, I go through the full experience, including pitching
@TimDraper, getting the pitch wrong before getting it right, learning to validate before building, and how those lessons are now shaping
@MoshiConcepts and Hokan.
A huge thank you to everyone who shared their time and experience throughout the program:
@draper_u @TimDraper @aalicbarker @AsraNadeem @TechRebelWorld @sfjmorris @Andytang @joevezz @lorenzoxbt @rodventures @1stNoL @c00v @LuchangArcanum
And also David Bland, George Northup, Azan Haider, Tessalou Velera
@OrionFund @Cometa_Labs and
@samizb
This one packs a lot of lessons.
Chapters:
0:00 Intro
1:23 The Genesis programme
2:16 Building something isn't enough
4:22 The first pitches
5:54 Talking to real customers
7:25 The idea starts changing
8:40 Pitch practice and getting it wrong
10:53 Pitching in front of Tim Draper
12:32 The question from Tim Draper
14:10 Catalyst, grants and automation
15:37 Trust is the real product
17:01 After the pitch, the programme changed
18:27 Go to market
19:32 Blockchain should become boring
21:10 Not everything needs a token
22:09 Networking was probably my weakest area
23:36 The people were a massive part of it
24:40 The Cardano community came to Draper
25:35 The final week
27:14 Resilience
28:19 Stablecoins and payments kept coming back
29:11 The final days
29:57 What actually changed for me
31:07 What I'm building now
32:15 Conclusion
The biggest lesson?
Being able to build something doesn't mean it's the right thing to build.
Validate. Listen. Adjust. Then keep building. 👊