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Paki McCormick

👤 Person
78 total appearances

Appearances Over Time

Podcast Appearances

Search Engine
The Bidding War

Which is why I do think it makes sense to really figure out what the structures are before fully decentralizing, like Constitution doubted. Which was an intentional decision, because had we just said, all right, everybody has a vote now, what are we going to do? We would have had someone wearing a 69-man costume go to Sub-B's. and replace Brooke as our bidder.

Search Engine
The Bidding War

Which is why I do think it makes sense to really figure out what the structures are before fully decentralizing, like Constitution doubted. Which was an intentional decision, because had we just said, all right, everybody has a vote now, what are we going to do? We would have had someone wearing a 69-man costume go to Sub-B's. and replace Brooke as our bidder.

Search Engine
The Bidding War

Which is why I do think it makes sense to really figure out what the structures are before fully decentralizing, like Constitution doubted. Which was an intentional decision, because had we just said, all right, everybody has a vote now, what are we going to do? We would have had someone wearing a 69-man costume go to Sub-B's. and replace Brooke as our bidder.

Search Engine
The Bidding War

It can get out of control if you don't have the right kind of framework in place from the beginning. The point is not that it's fully democratic in everything, it's that people have more of a say and more ownership, particularly over time as the product is more mature and doesn't rely on that kind of coordination or product vision from one person or a small group of people.

Search Engine
The Bidding War

It can get out of control if you don't have the right kind of framework in place from the beginning. The point is not that it's fully democratic in everything, it's that people have more of a say and more ownership, particularly over time as the product is more mature and doesn't rely on that kind of coordination or product vision from one person or a small group of people.

Search Engine
The Bidding War

It can get out of control if you don't have the right kind of framework in place from the beginning. The point is not that it's fully democratic in everything, it's that people have more of a say and more ownership, particularly over time as the product is more mature and doesn't rely on that kind of coordination or product vision from one person or a small group of people.

Search Engine
The Bidding War

It felt special for sure. I don't know if it felt historic or... I mean, at the end of the day, we lost an auction to buy the Constitution. And so it's not like the world changed. I do think it was a good opportunity to show that this other structure is kind of out there and people are going to do some wild things with it.

Search Engine
The Bidding War

It felt special for sure. I don't know if it felt historic or... I mean, at the end of the day, we lost an auction to buy the Constitution. And so it's not like the world changed. I do think it was a good opportunity to show that this other structure is kind of out there and people are going to do some wild things with it.

Search Engine
The Bidding War

It felt special for sure. I don't know if it felt historic or... I mean, at the end of the day, we lost an auction to buy the Constitution. And so it's not like the world changed. I do think it was a good opportunity to show that this other structure is kind of out there and people are going to do some wild things with it.

Search Engine
The Bidding War

Here's Packy. And then, lo and behold, those people were the lucky ones because I, like an idiot, took my ETH back and missed out on the pop. But the people who had to keep their $50 in because it didn't make sense to take it out, all of a sudden their $50 was worth $2,000 within a week. So dumb. I mean, I know people who made like a couple hundred thousand dollars by accidentally like leaving.

Search Engine
The Bidding War

Here's Packy. And then, lo and behold, those people were the lucky ones because I, like an idiot, took my ETH back and missed out on the pop. But the people who had to keep their $50 in because it didn't make sense to take it out, all of a sudden their $50 was worth $2,000 within a week. So dumb. I mean, I know people who made like a couple hundred thousand dollars by accidentally like leaving.

Search Engine
The Bidding War

Here's Packy. And then, lo and behold, those people were the lucky ones because I, like an idiot, took my ETH back and missed out on the pop. But the people who had to keep their $50 in because it didn't make sense to take it out, all of a sudden their $50 was worth $2,000 within a week. So dumb. I mean, I know people who made like a couple hundred thousand dollars by accidentally like leaving.

Search Engine
The Bidding War

I would have made, I put five Ethan. I would have made, I think at the peak, something like $900,000 had I just like waited a day to refund my money.

Search Engine
The Bidding War

I would have made, I put five Ethan. I would have made, I think at the peak, something like $900,000 had I just like waited a day to refund my money.

Search Engine
The Bidding War

I would have made, I put five Ethan. I would have made, I think at the peak, something like $900,000 had I just like waited a day to refund my money.

Search Engine
The Bidding War

Yeah. It doesn't bother you.

Search Engine
The Bidding War

Yeah. It doesn't bother you.

Search Engine
The Bidding War

Yeah. It doesn't bother you.

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