74: Building Largest Web3 Business | Adam Jackson, Co-Founder of Braintrust

Published: March 4, 2023, 6:05 a.m.

Adam Jackson is the co-founder of Braintrust - the largest decentralized talent marketplace. Braintrust\u2019s mission is to build the world\u2019s most impactful talent network \u2014 one that is user-owned, aligns incentives, and redistributes value to Talent and Organizations. Previously, Adam founded 4 VC-backed companies, sold 2 of them, and is an angel investor in 100+ companies.

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We talk about Web2 vs Web3 marketplaces, building a successful governance model, mechanics of DAO, freelance economy, message for Web3 critics, and much more.

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SPONSORS

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BridgeUp: DM Prashant on Twitter to raise $100,000+ in non-dilutive capital

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Listnr.fm: https://listnr.tech/?via=prashant

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Dukaan: https://mydukaan.io/

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Recast: https://recast.studio/

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CONNECT

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Prashant Bagga: https://linktr.ee/prashantpbagga

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Billion Moonshots: https://linktr.ee/billionmoonshots

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GUEST LINKS

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Twitter: https://twitter.com/adamjacksonsf

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LinkedIn: https://www.linkedin.com/in/ajackson/

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Website: http://www.usebraintrust.com/

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Portfolio: https://angel.co/p/adamjackson

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OUTLINE

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(0:00) Built 4 companies, sold 2 of them

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(1:31) Solving the Chicken & Egg problem of Marketplaces

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(4:07) "Dirty little secret" of Web2 Marketplaces

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(7:43) Venture Capital as a forcing function that leads to fee extraction

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(9:33) First encounter with Blockchain

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(10:49) BTRST as a Governance Token

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(12:52) Is Braintrust a DAO?

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(14:16) What happens when DAO members don't execute a proposal

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(16:49) What's working, what's not working

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(19:55) Role of a DAO Founder 

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(21:18) Value of a Token

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(22:51) What happens when VCs hold a lot of tokens

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(23:54) Growing from 0 to 700,000 members during the pandemic 

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(25:32) Convincing Nike, Goldman Sachs & other Web2 co's to get onboard

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(28:12) Hiring remotely & globally

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(30:07) How the freelance economy is helping corporate America

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(33:07) Vetting new Talent

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(35:05) Coordinating 100+ developers to build DAO

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(41:19) How many tokens does Adam own?

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(42:00) Crypto Twitter & Future of Web3

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(46:24) Are you buying the dip?

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(46:49) Message for Web3 Critics

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TOP EPISODES    

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71: Danielle Strachman, Founder & General Partner of 1517 Fund

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68: Natalie Brunell on Everything Bitcoin

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62: Suumit Shah, CEO of Dukaan 

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45: Suhas Motwani, Founder of The Product Folks

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10: Aryaman Maheshwari, Software Engineer at Google (Hindi)

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2: Shanaya Bagga (my lil sis)

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Past guests of Billion Moonshots include Suumit Shah, Natalie Brunell, Danielle Strachman, Chirag Taneja, Suhas Motwani, Aditya Mohanty, Jan-Philipp Peters, Mo Islam, Peer Richelsen, Justin Nguyen, Paul Griffiths, Gautam Gupta, Sang Le, Rahul Rana, Grace Ling, Joseph Choi and many more.