This feature from CB Insights covers in detail the market landscape of Web3 tech companies – how it works and what it could mean for consumers and creators. For this week’s posts, click on the paragraph links.
>>>Sramana Mitra: As they’re getting educated, are they also getting investment recommendations that they can go and click on and sign up for?
Craig Cecilio: No investment advice. It’s a compliance thing. We can’t give investment advice. That’s another challenge. What can we say and what can’t we say from a compliance point of view? There has been a lot of oversight in the last year or two. As we move from this great bull run over the last 10-plus years to this bear market, the pendulum swings in oversight.
>>>Sramana Mitra: Is there a level of financial wealth at which you are finding people? Are these people beginning to build wealth?
Craig Cecilio: That’s a great question. We’re talking about this. We overlapped the statistics on the population and how many are accredited and considered sophisticated. We dove into our community and saw what that is. It was almost identical. There are about 10% to 12% considered accredited. We overlap that with our percentage and it matches. I found that fascinating.
>>>Sramana Mitra: What percentage of the customers are in the $10,000 range?
Julien Salinas: Among our paid customers, it’s 10%. Maybe a bit less.
Sramana Mitra: How much of this is what you call major account customers?
Julien Salinas: I don’t have the exact number today, but I think it’s something like 150 to 200 like SAP and Lufthansa.
Sramana Mitra: All the lead generation seems to be happening on your blog.
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If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
We continue our coverage of bootstrapping using services with Codesigned Founder CEO Jake Weaver.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Jake Weaver: I’m from a very small town in the middle of Missouri in the Midwest called Lynn Creek, which had a population of just 289 people. It’s nowhere near any of the tech industries today with the farming and vacation towns. There’s not a whole lot of business there.

The Jobs Act has introduced the notion of democratization in investing. The issue is not as simple as it sounds. There are lots of gaps in doing this safely.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company.
>>>Sramana Mitra: Your customers are all developers?
Julien Salinas: Less and less, but still most of them.
Sramana Mitra: Is there a specific genre of developers? Are they developing a particular platform?
Julien Salinas: Initially, it was mainly machine learning engineers that use Python. All the machine learning engineers are Python developers. They taught me a lot of things. Then gradually, I started moving to a more global developer market. Today, I have developers who are developing on any platform and language.
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