circle
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You Don't Own the Community You Built
Skool, Circle, Discourse, Gainsight, Salesforce and Gravyty are all selling the same thing - a place for your people to gather. The difference is who keeps the keys.
Nobody Wants to Build on Rented Land Anymore
Creators, associations and alumni offices are all fleeing the social feed to own their audiences. A cluster of platforms - from Circle to Discourse - is racing to sell them the escape hatch.
Circle Wants Creators to Stop Renting Their Own Audience
The all-in-one community platform crossed into profitability at roughly $27M in ARR by betting that creators would rather own their home than build it on rented land. Now it is rebuilding that home to be AI-native.
Sean Neville
Sean Neville is the cofounder and CEO of Catena Labs, a Boston startup building what it calls the first fully regulated AI-native financial institution - a bank designed for autonomous AI agents to hold accounts, spend, get paid, and settle in stablecoins. He previously cofounded Circle in 2013 with Jeremy Allaire and served as its president and co-CEO, where he was the architect behind USDC. Catena raised an $18 million seed in May 2025 (led by a16z crypto) and a $30 million Series A in May 2026 (led by Acrew Capital and a16z crypto), and is applying for a national trust bank charter with the OCC.