Dan Romero (Farcaster, X, Website) is the CEO and co-founder of Farcaster, an open Twitter/X-like social network protocol built on blockchain rails.
Before co-founding Farcaster in 2020, Dan previously worked at Coinbase as a Vice President, among many other roles. He joined the company as the 20th employee in 2014 and left in 2019. He's thought about and used Twitter-like networks for nearly two decades and is passionate about open information flow, market-enabled progress, and individual freedom.
Timestamps:
(01:39): We were promised flying cars and all we got was 140 characters
(8:48): Bring Your Own Algorithm (BYOA), RSS, Elon, and The News Channel-ification of Social Networks
(35:54): The Field of Dreams Fallacy: If You Build It, It Doesn't Mean They'll Come
[Farcaster & Crypto-Focused Section Begins]
(44:25): Status as a Service and Building the Home for Crypto Status
(55:03): What is Farcaster?
(59:34): Why not counter-position against Elon?
(01:03:42): Programmable social and “Open APIs”
(1:14:22): The Future of Farcaster
(1:18:01): Farcaster's Value Capture
(1:25:01): Sufficient Decentralization
(1:28:44): Why Dan has created NFTs but not tokens
[Farcaster & Crypto Focus Ends]
(1:29:53): Product Market Fit, Focus, and The Idea Maze
(1:37:01): Dan's career arc, contrarian paths, distributed systems, and creative destruction
(01:44:09): Coinbase: pre-2017 learnings, hypergrowth, comparisons between building a culture and social network, and anti-lessons
(1:49:20): Brian Armstrong and fostering repeatable innovation
(1:52:24): What do you wish Balaji [Srinivasan] could work on?
(1:53:20): Group Chats and the pendulum between private and public discourse
(01:58:55): Power: Elon, Zuck, Trump?
(2:00:24): Politics, Populism, Going Direct, and the Podcast Era
(2:08:48): What have you changed your mind on this year?
(2:10:22): Final Questions
Full transcript.
Links & Resources
RSS+ by Dan Romero
The Rise and Demise of RSS by Sinclair Target
Status as a Service (StaaS) by Eugene Wei
The idea maze by Chris Dixon
Balaji Srinivasan's paper on the idea maze
The only thing that matters by Marc Andreessen
v2 frames
FC AI/zk trends
