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The Fappening
zeeprime.capital · 2,384 words · saved by 1 readers
Totally supercool and chilled VC investing in programmable assets, collaborative intelligence and other buzzwords.
The Fappening – Zee Prime Capital Skip to content December 24, 2022 Matti The Fappening Building The Everything App: Fat Applications vs Fat Protocols Fat Protocols was written by Joel Monegro in 2016. So far it has been a decent investment thesis (if you picked well), however, we feel in the long term it does not play out so cleanly in terms of protocols accruing the majority of the value created. Let’s talk about the Fat App (FAPP) Thesis, for which the hypothesis goes: Most value accrues to an app (or a few apps) that provides a broad range of products. Although the Web 2 domina
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