Mike Hudack
👤 PersonAppearances Over Time
Podcast Appearances
It's like a tighter range, if that makes sense. Like a tighter range of outcomes. You're less likely to fall face first and just face plant into the dirt. But you're also probably not going to create a $100 billion company in doing that. If you want to do that, you've got to go consumer, I think.
It's like a tighter range, if that makes sense. Like a tighter range of outcomes. You're less likely to fall face first and just face plant into the dirt. But you're also probably not going to create a $100 billion company in doing that. If you want to do that, you've got to go consumer, I think.
I do. You got to iterate and iterate and iterate. I mean, I've been building this thing. We're trying to build like WhatsApp for money or a global Venmo. You know, we've been building for two and a half years. It's super difficult. You know, you iterate, you keep building and then, you know, maybe you have a moment. We had a moment last week where you like suddenly just went viral.
I do. You got to iterate and iterate and iterate. I mean, I've been building this thing. We're trying to build like WhatsApp for money or a global Venmo. You know, we've been building for two and a half years. It's super difficult. You know, you iterate, you keep building and then, you know, maybe you have a moment. We had a moment last week where you like suddenly just went viral.
I do. You got to iterate and iterate and iterate. I mean, I've been building this thing. We're trying to build like WhatsApp for money or a global Venmo. You know, we've been building for two and a half years. It's super difficult. You know, you iterate, you keep building and then, you know, maybe you have a moment. We had a moment last week where you like suddenly just went viral.
100%.
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I have a framework. It might be different than other people's framework. the way that I ended up deciding to do this thing was I, I did this kind of like regret minimization exercise. So I imagined myself, I kind of like discovered this thing, right. Which is I sent USDC on Solana from the, the UK to California, and the transfer was instant and free.
I have a framework. It might be different than other people's framework. the way that I ended up deciding to do this thing was I, I did this kind of like regret minimization exercise. So I imagined myself, I kind of like discovered this thing, right. Which is I sent USDC on Solana from the, the UK to California, and the transfer was instant and free.
I have a framework. It might be different than other people's framework. the way that I ended up deciding to do this thing was I, I did this kind of like regret minimization exercise. So I imagined myself, I kind of like discovered this thing, right. Which is I sent USDC on Solana from the, the UK to California, and the transfer was instant and free.
And everything else about it sucked, but I was like, oh, okay, I know how to fix all those other things. And then you suddenly realize, oh, wow, you can build a global Venmo on top of this. You can build WhatsApp for money on top of this. This could be huge. This could be a multi-billion user product. It's going to be really hard to build. You might fall flat on your face.
And everything else about it sucked, but I was like, oh, okay, I know how to fix all those other things. And then you suddenly realize, oh, wow, you can build a global Venmo on top of this. You can build WhatsApp for money on top of this. This could be huge. This could be a multi-billion user product. It's going to be really hard to build. You might fall flat on your face.
And everything else about it sucked, but I was like, oh, okay, I know how to fix all those other things. And then you suddenly realize, oh, wow, you can build a global Venmo on top of this. You can build WhatsApp for money on top of this. This could be huge. This could be a multi-billion user product. It's going to be really hard to build. You might fall flat on your face.
And so I've got three kids. How is this going to go? Um, and so I imagined myself five or 10 years in the future and I imagined every possible like logic branch. So like, I don't do this. Somebody else does it and they succeed. How am I going to feel? I'm going to feel kind of shitty because that should, you know, I would have felt like, oh, that should have been me. I, I don't do it.
And so I've got three kids. How is this going to go? Um, and so I imagined myself five or 10 years in the future and I imagined every possible like logic branch. So like, I don't do this. Somebody else does it and they succeed. How am I going to feel? I'm going to feel kind of shitty because that should, you know, I would have felt like, oh, that should have been me. I, I don't do it.
And so I've got three kids. How is this going to go? Um, and so I imagined myself five or 10 years in the future and I imagined every possible like logic branch. So like, I don't do this. Somebody else does it and they succeed. How am I going to feel? I'm going to feel kind of shitty because that should, you know, I would have felt like, oh, that should have been me. I, I don't do it.
And somebody else does it and they fail. How am I going to feel? Oh, well, I'm still going to feel bad because I would always wonder whether or not I could have made it work. Okay. what if I do it and I fall flat on my face and I fail, how am I going to feel? Well, you know what? The default in this thing is failure.
And somebody else does it and they fail. How am I going to feel? Oh, well, I'm still going to feel bad because I would always wonder whether or not I could have made it work. Okay. what if I do it and I fall flat on my face and I fail, how am I going to feel? Well, you know what? The default in this thing is failure.
And somebody else does it and they fail. How am I going to feel? Oh, well, I'm still going to feel bad because I would always wonder whether or not I could have made it work. Okay. what if I do it and I fall flat on my face and I fail, how am I going to feel? Well, you know what? The default in this thing is failure.