thanks for those thoughts. your points #1 and #2 are where we've focused so far. #3 and #4 are definitely interesting ideas. really appreciate the input.

that's an excellent point. i see too many companies for whom the point is just to make noise. there's not a particular conversation that they're looking to spark or participate in, rather they just want name recognition.

i feel like we might be reaching a tipping point where name recognition is no longer a long-term objective. it needs to be name + value. for instance, youtube is valuable, but it's valuable because it's youtube, the place to find videos.

don't we generally need to be both crazy and disciplined?

i really applaud this type of approach. and i do think it's completely appropriate given the ratio between legal fees and the money changing hands in smaller rounds.

i do wonder how well this will play out globally. the world is increasingly global, and a lot of companies end up taking rounds from investors in multiple countries as they expand and enter new markets.