How Reputation Compounds in Open Funding Systems
In one sentence
Reputation is cumulative memory for funding decisions.
Short answer
In open funding systems, reputation reduces uncertainty and improves capital allocation over time.
Without reputation
Each funding round resets trust to zero.
With reputation
Past execution becomes predictive context, lowering evaluation cost and improving outcomes.
Related
Karma's thesis
Capital should follow credibility, and credibility should be earned through work. Learn more about Karma.