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72 sats \ 0 replies \ @jestopher OP 25 May 2022 \ parent \ on: I'm Jestopher, Co-Founder of Amboss.Space, AMA! bitcoin
We hired our first two employees in April, bringing us to a total team of 4. We're tiny, but the investors that we've taken on have been very supportive to help us think through the obstacles that we'll face in the future.
As a company (and this will probably apply to all early lightning businesses), we have to find the right balance between building products much earlier than they are needed (or profitable) and being prepared for big competition that will soon arrive.
I'd expect that VISA, Paypal, Meta and others will enter the lightning space and be extremely well capitalized to build some incredible products, much faster than we'd be able to. But, we're a team of bitcoiners already that want a decentralized future and we've got a small headstart. We'll have to be strategic and innovative to stay ahead.