A crypto VC since 2014. Seeded ~20x 🦄s. Co-founder @Hack_VC. Previously: co-founder @Dragonfly_xyz, advisor @HuobiGlobal, @BainCapVC, @AngelList
Gondolin
- Tweets 971
- Following 878
- Followers 16,426
- Likes 3,058
I was the first VC to try to invest in SBF, 4 years ago, well before FTX had even launched. I shared some of my story with CNBC, but there is more - a lot more.
Here's what I learned, and why I passed on investing based on suspicion of deception and reckless risk-taking.
Cryptocurrency investor says he saw 'serious red flags' with FTX founder Sam Bankman-Fried cnb.cx/3AnFZvq
158
615
3,151
But first, how do I know I was one of the first VCs to talk to Sam? Because Sam tweeted about his “horror story” experience with me, the investor who delved too deep and asked too many questions.
That’s me below, “G.” Hi!
2) I'll start with two very different horror stories. I'm not going to name names, but you know who you are.
The first story is the longer one. There was a VC; call them G. We were in talks with G for a while about investing into Alameda.
In many ways the talks were good!
16
52
469
1/ ETH is underperforming BTC and SOL big time this cycle. The reason? Many think that it’s Ethereum’s choice to go modular. Was this a strategic misstep? We pulled a bunch of data and have some answers. 👇
32
98
484
124,431
In my next tweets, I’ll talk more about what I learned from my up-close encounter with a future super villain.
And what I think VCs, the crypto community, and regulators (!) can do better to stop these kind of catastrophes from bad actors in the future.
41
28
447
This is a big conflict of interest: in 2018, Sam tried to use our investment in Alameda to start FTX, an entity that we neither knew of nor owned
It's also ironic! Since, last week, Sam was caught doing the opposite: siphoning $10B+ from FTX to bail out Alameda, his private firm
5
49
454
Including me. I sat on this story for years because I was afraid of Sam's retribution. Which I think was a reasonable fear. I mean, read his original tweets about me! They're very mean.
Still, my 'horror story' with Sam is small potatoes vs the millions of lives he’s hurt today.
27
26
416
1. A few months before we met Sam, Alameda lost north of $10M - a huge amount of their assets - on “trade errors.” We could never figure out if this was due to fraud, incompetence, or a well-meaning mistake.
5
34
355
My heart goes out to everyone affected by this catastrophe. Crypto is a technology of freedom, but it makes it easier to do bad things as well as good.
As a community, we in crypto need to do better to catch and call-out bad actors before they become supervillains.
7
19
357
2. Following Sam’s $10M+ "trade errors" (known internally at Alameda as "the April fiasco"), the co-founder of Alameda - who may also have been Sam’s girlfriend? - quit, along with about half the team.
They also broke up 😢
8
22
349
Even back in 2018, it was clear to us that Sam took reckless risks with other people's money, and wanted to use our capital to finance his own secret projects, to our detriment
It didn’t seem right to support someone like that, no matter how smart or good he was at making money
3
31
343
4. We were taking awhile, so Alameda decided to also try raising debt. They bought a booth at a crypto conference and handed out fliers that advertised “HIGH RETURNS WITH NO RISK” and “no downside.” Seriously. We warned them this was nuts, they said oops, but like... what.
9
26
335
1/ Most crypto VCs talk a big game about “community.”
We decided to actually do something - starting with launching a @Hack_VC Echo group to give the community access to our early-stage crypto deals.
Hack VC is committed to being a community-aligned VC.
🚨 BIG NEWS: @Hack_VC, a $600M fund manager, is launching an Echo group! 🚨
Hack VC is one of the first major regulated U.S. crypto fund managers to do this—backed by a growing group of 1,600+ real crypto-native investors. Crypto is, at its core, about community. The most successful networks must be community-owned, community-controlled, and, we believe, community-funded.
Launching an Echo group is our way of democratizing access and making Hack VC a truly community-aligned VC.
Here’s how we’re putting our money where our mouth is:
✅ Opening access to our deal flow – The Hack VC Echo group is private to prevent spam, but we expect to accept many applicants.
✅ Zero performance fees – No performance fees for at least the first year.
✅ Backing community rounds – Encouraging our portfolio to raise from their communities.
✅ Fairer valuations – Pushing for lower community valuations than what VCs pay.
Let’s build together. 🚀
25
40
332
71,221
Sadly, Sam found other marks for his shell game after we left the picture.
Today, FTX's investors, customers, and even employees have found that their money was transferred to an "unaffiliated," privately owned, highly levered trading firm (Alameda) that they know nothing about.
2
23
266
100 deals in 300 days: what I learned as the first analyst at the world's largest startup investment platform medium.com/@alpacka/what-i-l…
10
81
266
Alameda and FTX were the same people, used the same computers, and Alameda was hemorrhaging money to pay for FTX’s startup costs… but Sam felt that it should be a separate deal, with a separate price.
1
22
247
3. Alameda had received starter loans from several wealthy people in the Effective Altruism community. Sam was worried that they might not want him taking on new investment, so he proposed to keep them in-the-dark about us. We didn’t think that was honest to his backers.
4
29
243
A few months into our diligence, Alameda started losing money - and fast. Alarmed, we asked what was up. Sam, nonchalantly, said that he was incubating an unnamed crypto exchange (it would become FTX), which was sucking up all his team’s attention and resources.
2
17
220
I’ve been a crypto VC for 9 years and seeded about a dozen of the largest crypto exchanges and trading firms. So when I heard about a hotshot trading firm called Alameda Research, I was interested.
2
15
222
My first impression of Sam was that he was one of the smartest people I’d ever met. He was ambitious, had a nose for making money, and wasn’t afraid to take risks. Maybe too unafraid.
15
14
216
Ultimately, I decided not to invest in FTX. I continued to avoid all of Sam’s other token projects like Serum and FTT, now infamous as the collateral used to prop up his levered trading.
4
16
215
Ok, that’s fine, although weird that Sam didn’t disclose his new exchange idea upfront. We like backing founders with new ideas! Except Sam said that Alameda and FTX were separate. Huh?
2
19
189
Announcing our new $200M cryptofund at @hack_vc. We're crypto-native, one of the most active users of protocols, and one of the largest communities of crypto engineers. Backing crypto founders, weirdos, and hackers at the earliest stages.
tcrn.ch/3HjTJrK
25
57
181
We came to a high-level agreement to become Alameda's first investor, and then asked to do diligence. That’s when things unraveled.
1
15
178
Our new venture fund for the decentralized economy.
forbes.com/sites/alexkonrad/…
12
22
162
Good update on the state of Echo and crypto crowdfunding platforms.
Pretty remarkable how many more top crypto VCs are coming out in support of crypto crowdfunding vs TradVCs when @AngelList came out for Web2 startups.
🎉 Edition 28 of my newsletter, The Funding, is live!
Many thanks to @alpackaP, @cobie, @HadickM, @lalleclausen, @cmsholdings and @LexSokolin for sharing insights 🙌
theblock.co/post/354738/big-…
21
19
147
177,145
Paging @ionet_official
🤖 Imagine an Airbnb for GPUs powered by blockchain, suggests @alpackaP, who dives into how crypto can solve AI's biggest hurdles, offering a future where innovation is accessible to all through decentralized marketplaces.
🎧 Listen now: unchainedcrypto.com/podcast/…
4
30
92
36,921
The DeFi VC List
@polychaincap (the OG)
@dragonfly_cap
Big VCs: @a16z @paradigm @placeholdervc @BainCapVC / @salil
Smaller / seed: @paraficapital @1kxnetwork @hiFramework @PanteraCapital @coinfund @cmsholdings @spencernoon @Consensys @robotventures @IDEOVC @standardcrypto
6
14
111
Excited to announce my new Rolling Fund for early stage crypto and fintech investing, in partnership with @AngelList.
angellist.com/blog/disruptin…
8
5
97
6/ So, was modular a mistake? For $ETH holders in the short term, it's been ugly. But long-term and as a strategy to reduce the existential risk of being replaced? Maybe modularity has positioned ETH for sustainable growth and continued dominance. Read our full, data-driven analysis to find out:
blog.hack.vc/was-modular-a-m…
6
2
96
10,053
Coinbase is great no doubt, but the real tech story is the top non-fiat exchanges - Bitfinex, Bittrex, Binance - that are doing 5x this with no big VC backing, no "top startup talent", and far far away from Silicon Valley.
3
15
90
Hyped to be at Solana Accelerate this year in NYC.
I’ll be speaking in the SOON Side Track Room @soon_svm @SolanaConf on May 19 in NYC with the team building the next chapter of the SVM.
Join → lu.ma/zggx9x6g
8
36
80
6,291
Multicoin easily wins most value-add investor of 2020 award for their work on Solana. Unbelievable conviction.
I got on a Coinlist fundraising call with @toly a few days after Black Thursday in March 2020
at 2am central time
why?
Because Coinlist can't serve americans, and Solana's russian social groups had indicated the most interest
3
71
4/ But from a business strategy perspective, modularizing might have been secretly genius.
We calculated that the shift to modular allowed Ethereum to retain a 75% market share over nine years against its competitor L1 ecosystems, due to the strength of its L2s, which is no small feat. The Web2 comp, Amazon Web Services, went down to about 35% market share over a similar period.
3
1
71
10,054
But he’s right, money is fungible.
Now Iran can reduce their welfare spending by $5B and increase their military spending by $5B.
4
2
61
2,354
1) We’re hiring an investment/research partner to join the @hack_vc team.
Are you a giga brain researcher? Or a shadowy super coder who eats sleeps breathes crypto? Do you want to work with a team of crypto OGs to seed the best projects in the space?
Then
6
19
59
21,021
5/ Long term, modularization future-proofs Ethereum. With Layer 2s, shared security protocols, new VMs, etc, Ethereum can incorporate tech advances that could otherwise leave it behind, aiming for resilience despite some short-term user experience trade-offs.
1
62
9,295
“Once we chose our lead as Hack VC, the floodgates opened up and we got 20x oversubscribed. We had over $100 million in interest and partnered with the investors who we thought could help us the most.”
We try our best to serve 🎩
1/ We're proud to announce that we led an institutional financing round for 0G, a modular AI blockchain. 0G is positioned as the premier modular data availability solution for web3, including the next frontier of crypto-powered AI networks.
techcrunch.com/2024/03/26/0g…
[More below]
4
2
45
7,625
.@rushimanche and the team are legends, and the community they’re building is something special. It’s a no brainer to bring MOVE to Eth and beyond.
See our thesis below for why we invested.
Check out our investment thesis for @movementlabsxyz.👇We see several exciting value props of modular chains based on the Move programming language.
Movement combines mission critical security benefits with enhanced performance and user experience, a complete vision for transforming Web3.
Congrats to @rushimanche and the entire Movement team on its successful token launch today! We look forward to the journey ahead together.
4
2
46
7,690
3/ Consider the combined market cap of ETH and its modular ecosystem. In 2023, these tokens’ total market cap gain matched that of SOL's, a very positive sign. Yet in 2024, those gains reversed.
Plus, those gains went mostly to the teams and investors in those modular tokens, resulting in more pain for $ETH holders.
2
44
9,621
2/ In the short term, modularization likely hurt $ETH price because of lower fees and reduced token burn -based on our analysis. But this isn’t the whole story…
1
42
8,529
What the Future Looks Like: Top Trends in 2016 Startup Investing medium.com/startup-grind/wha…
3
20
38
Pumped to lead Babylon, one of the most important developments in the history of Bitcoin.
2
3
36
8,937
Overheard @rleshner say that @goat_celo are the NFT of the century.
6
4
30
2/ This announcement is personal for me.
The reason I got into crypto 11 years ago (I’ve been a crypto VC since 2014 - about as early as it gets for an institutional investor) is because I believed crypto could democratize access to tech investing. That’s why I’m still here.
I built crowdfunding products early in my career @AngelList. I participated in ICOs. And if you know any of my partners at Hack VC, you know that they are as in the trenches as it gets.
3
5
26
2,719
0/ I recently invested in @KineProtocol, a new decentralized derivatives exchange built on Ethereum, founded by former Huobi and Matrixport execs.
So what is Kine and why is it important?
theblockcrypto.com/linked/96…
2
7
35
Highly recommend this book, shaped my thinking on crypto. The cost of contracting determines the structure of organizations. hup.harvard.edu/catalog.php?…
3
37
Appchains and interoperable blockchains have been the dream for for as long as I’ve been in crypto. Only now is the tech and ux finally ready for the dream to be a reality.
We are lucky to be able to support @initia in making this a reality.
We co-led @initia's seed round a year and a half ago because we believed in the vision: appchains that actually work. Last week Initia launched mainnet and $INIT, delivering on that vision.
Read our full investment thesis & check out our Gigabrain Session with Initia's co-founder @ItsAlwaysZonny for a deeper dive (links in thread)
-->
4
5
29
2,897
At @hack_vc, we’re investing in the infrastructural revolution to take web3 mainstream. We are doubling down on this opportunity with our new fund announcement today.
We wrote all about our new $150M Venture Fund (which brings our AUM to ~$420M) in our latest blog. Check it out for more on our vision for the fund, deep conviction in web3, and excitement to support our founders. Read more: bit.ly/3wlXqgB
4
4
33
4,552
Big
JUST IN: Day trading for crypto: @terra_money's creators have launched a platform for minting synthetic assets that mirror U.S. stocks.
@BradyDale reports
trib.al/R12bDop
2
3
30
Binance is the first Sovereign Company.
7
26
Huobi is one of the largest and most important crypto companies today. I’m excited to support them as an advisor as they expand their global investing, especially into DeFi. If you’re a crypto founder looking to disrupt the global financial system, reach out! We can help.
.@alpackaP, formerly of @dragonfly_cap, will Join @HuobiGlobal to help invest "tens of millions of dollars" in decentralized finance.
#defi trib.al/nEBxYbX
4
29
This is a $500K ARR lending business. It’s nice but not crazy, they would be lucky to raise a small Series A and get a TechCrunch article if this was a fintech startup.
2
3
25
we are assembling an (all-star) team.
very exciting to have the legendary hsin-ju joining us and supporting the hack portfolio.
3
2
22
2,318
We at @hack_vc have been seeding AI companies for a couple years. The convergence with crypto is finally here with Ritual.
We've worked with @niraj as co-investors for 6 years while he was at Polychain, thrilled to partner with him and Akhilesh to make this happen.
Decentralized AI compute platform Ritual closes $25 million fundraise theblock.co/post/262114/dece…
4
25
3,840
Chains for stables is the most important category to watch in crypto right now.
Biggest market in the world, infra still being built out, and Tether is its king.
We’ve spent the past year quietly building new financial infrastructure — backed by @Bitfinex and @USDT0_to.
Today, we’re stepping out of stealth. 💥
Introducing Stable, a new Layer 1 blockchain where USDT is the native gas, and peer-to-peer USDT transfers are free.
Built for institutions. Designed for scale.
Keep reading 🧵
4
4
23
2,566
Excited to welcome @hosseeb as the third Managing Partner at @dragonfly_cap.
Haseeb previously was a partner at MetaStable and will lead our token and deep tech crypto investing. link.medium.com/mLjaCgRFs0
2
2
22
Kine is bringing all the benefits of centralized derivatives platforms to the DeFi world. It represents one of the biggest leaps forward in DeFi and I couldn’t be more excited to be supporting them with @naval and other great investors.
2
16
1/2 We’re thrilled to announce our Series A financing, led by @DistributedG & @coinfund, with Breyer Capital, @GalaxyHQ, @Arrington_Cap, @RoadCapMgmt, @CMT_Digital, @FoliusVentures, @Nascentxyz, Hack VC, @Modular_Capital, Department of XYZ, and angel investors participating.
4
21
2,762
The Stripe / Bridge acquisition is the canary in the gold mine.
There are many more Bridges, growing just as fast, bringing stables to the masses
2
12
1,532
3/ The next wave of technology should be owned by its users. Crypto is the best technology in the world to make that happen.
Learn what we at Hack are doing to further that mission, and to earn the title of “community-aligned VC.”
blog.hack.vc/hack-vc-is-a-co…
2
19
2,421
I told many investors in 2019, and then Sam tried to blacklist me - see the CNBC article
But this was years ago, Alameda was a tiny startup, FTX didn’t exist, and I had no actual proof of fraud. As for this week’s catastrophe, sadly I’d be the last person to know beforehand
1
17
ALT Jedi Master Yoda ponders the power of the 🐻⛓️
Presenting Polaris
The first OS project built from the ground up by the 🐻⛓️ team. Polaris is a general purpose blockchain framework enabling the integration of the EVM into any underlying consensus layer. Its current iteration has been optimized for the Cosmos SDK.
2
5
15
2,761
I used to buy all my college books used, in the off chance that they were marked up by a smart grad student.
1
17
I don’t like most crypto newsletters, they can be very fluffy and salesy. The best one I ever read was called Proof of Work, from 2018. It was so simple - just the latest technical updates from the most important projects in crypto. All facts no filler, ruthlessly curated for just the technical alpha.
Sadly it was discontinued years ago, so we’re bringing it back! We’re focused on just the crypto x AI sub sector for now, where much of the most interesting new tech is. But maybe we’ll expand to other categories, like the major L1s or DeFi or stablecoins, if there’s interest.
Hack VC is pumped to re-launch the Proof of Work newsletter — now with a fresh spin for the Crypto × AI era. Readers will get monthly updates and intel straight from the top projects building in the space.
💫What shipped in the last month
💫What’s live
💫What insiders are working on
Our First Issue:
hackvc.substack.com/p/proof-…
4
1
14
1,210
I've joined @BainCapVC to help launch its Network Investing strategy. Here's what we're doing: reut.rs/2qrZ8ap
1
3
17
Really don’t think this is true. People being incited by demagogues to kill other people is the norm throughout history, not the exception.
2
17
Excited to back Basecoin, a price-stable cryptocurrency building the algorithmic central bank of the future
nytimes.com/reuters/2017/10/…
2
16
You say this a lot and it really is incorrect. No economist since Marx has claimed that more growth naturally leads to more inequality.
1
15
Our thesis on #GRASS and the future of decentralized AI
Algorithms + Data + Compute = Intelligence
While algorithms evolve, data and compute are becoming the most critical—and scarce—resources driving AI innovation. @getgrass_io unlocks a new paradigm for data.
With 2.5M+ users, Grass provides live, decentralized access to the Internet as a dataset.
We’re thrilled to lead the Series A for Grass – read our investment thesis 👇
1
1
13
1,081
I suspect this is already happening and is the the real reason behind America’s massive Adderal dependency. 16M prescriptions for people ages 20-39.
16
Agora is becoming critical infra for the stablecoin economy. We’re lucky to be their early investors.
We are thrilled to announce that Agora has raised a $50 million Series A round, led by @paradigm and with additional participation from @dragonfly_xyz. This milestone enables us to accelerate the development of Agora’s full-stack platform for stablecoin infrastructure, purpose-built to support the next generation of digital finance applications.
At Agora, our mission is to transform how money moves. We believe stablecoins will underpin a new financial fabric, one that is faster, more global, and more efficient than today’s siloed systems. That is why we are building AUSD and the Agora stack, a full service platform that makes issuing, managing, and integrating stablecoins seamless – whether you’re a developer, fintech, or institution. With AUSD, stablecoins become programmable, composable, and ubiquitous by default.
Over the past year, we’ve shipped the foundational elements for AUSD, including:
- Deep and robust onchain liquidity across 13 networks
- Native deployments across @arbitrum, @avax, @BNBCHAIN, @Coredao_Org, @ethereum, @Immutable, @injective, @katana, @Mantle_Official, @0xPolygon, @solana, and @SuiNetwork.
- Comprehensive integrations with exchanges and onramps
- Secure, scalable minting and redemption flows.
- Tens of billions in cumulative volume
- 50,000+ monthly active addresses
Dozens of customers like @nonco_otc, @flowdesk_co, @vaneck_us, @conduitxyz, @katana, @fslweb3, @plumenetwork already rely on Agora to power their stablecoin flows and infrastructure.
Announcing White-Labeled Stablecoins for All
Alongside our new partnership with Paradigm, we are entering the next chapter of Agora: deepening our connective tissue between both the onchain and fiat infrastructure layers.
Today, we are excited to formally announce the launch of our white-labeled stablecoin product – a turnkey solution that enables enterprises and teams to instantly issue their own branded stablecoin in days, not months. No need to manage complex infrastructure, secure banking relationships, liquidity, or build from scratch – Agora handles it all. We were long believers that to truly build a platform you needed to start with building the network.
Out of the box, partners get:
- Institutional-grade custodians and asset management
- Deep onchain liquidity
- A robust stablecoin dashboard, analytics, and control
- Forward thinking compliance architecture
- CEX and DEX integrations
- Local FX on and off ramps
- Zero fees when minting with USDC/T
- You control the rewards
Agora’s white-label product empowers businesses to rapidly innovate, bypass traditional product constraints, and deliver customized financial services to their users efficiently and transparently. This significant step not only demonstrates Agora’s ongoing commitment to pioneering programmable digital finance but also positions us at the heart of the future digital economy.
Learn more here: agora.finance/product/white-….
Why Now
Stablecoins are no longer niche. They’ve become a foundational primitive for the future of finance and capital markets. But most companies still struggle to adopt them due to regulatory hurdles, technical gaps, and fragmented liquidity.
Agora exists to change that.
With the addition of Paradigm and Dragonfly’s continued support, Agora is building the infrastructure layer that abstracts away the complexity. We aim to foster an ecosystem where creating, managing, and integrating stablecoins becomes seamless so that every fintech, exchange, and enterprise can benefit from having its own stablecoin whether it be AUSD or newUSD – as a product feature, revenue growth lever, and strategic differentiator.
Reach out to learn more here: agora.finance/contact.
4
3
14
1,403
Unveiling Imperii Partners, an investment bank purely for the crypto and decentralized economy, founded with my incredible partner @TonyScu. Ready for growth.
Imperii, an investment bank that focuses on the cryptocurrency industry, is looking to hire at least a dozen people this year to handle deals trib.al/OE5hH8z
1
1
15
long overlooked, privacy tech in crypto has undergone a quiet revolution in the last few years. we will see its effect on the crypto market soon
The transparent nature of blockchains has fundamentally changed the way we see trusted systems. But with transparency comes the challenge of balancing privacy. Some things must remain open, like settlement and reputation, but personal health and financial data? Not so much.
Just as the early internet needed encryption to protect user data, blockchains need privacy to fully reach their potential. Privacy isn't just about individual protection—it's key for enterprise adoption and compliance too.
Key privacy-enhancing technologies (PETs) like Zero-Knowledge Proofs, Multi-Party Computation, Fully Homomorphic Encryption, and Trusted Execution Environments (TEEs) offer solutions, but each has its trade-offs. As we advance, hybrid approaches push the boundaries of what's possible.
Check out this article that dives deep into the future of privacy tech in blockchains. We included a special treat for Dune lovers.⏳blog.hack.vc/the-future-of-p…
If you're exploring novel use cases in privacy tech, let's connect. The potential is vast, and we're just scratching the surface.
3
2
14
1,431
👁️👄👁️
The Berachain team is expanding.
We're looking to add 10-15 heads in person at our offices in Toronto. We'll be hiring backend, frontend, and infrastructure devs, along with designers, technical project managers and quantitative analysts.
Apply at careers.berachain.com/ now.
8
14
1,695
My take on the biggest, and most important, use case for cryptocurrencies.
1
3
15
Classic Web2.0 thinking… Web3.0 is the ultimate merging of finance with software. Crypto apps sacrifice scalability and UX in the short-run to create totally novel apps that have ownership, digital property rights, and financial features natively embedded.
Where I diverge from the web3 crowd, is I think it’s hard to bootstrap a network with financial rewards and then convert to utility later. I think the reason that users join really matter, and that needs to sustain whether you’re user 1 or 100 million. But I’m wrong a lot!
1
15
Self-custodied, fully-transparent DeFi yield farming is the future.
Alpine Testnet is now LIVE!
alpha.tryalpine.com
Sustainable DeFi yield from multiple chains, easy diversification, near-ZERO transaction costs, email based wallet (or metamask for the crypto-natives), & radical transparency–unlike the centralized “DeFi”
Let's unpack 🧵
4
11
SVM everywhere!
Let SOONuary commence.
SOON Alpha Mainnet is now live.
Read on for $SOON tokenomics👇
medium.com/@soon_SVM/soon-al…
1
2
14
10,203
Tokenized stocks coming to America, from our portfolio company Dinari.
We are thrilled to announce that our wholly-owned subsidiary, Dinari Securities, LLC, has received a broker/dealer registration with the U.S. SEC and FINRA!
We’re the first tokenization provider to reach this milestone. 1/3
5
3
11
3,072
Almost there. The 2 most important skills to succeeding in life, business, all social relations are:
1. Noticing when someone is trying to persuade you
2. Identifying WHY they are trying to persuade you, i.e. their incentives
Then everything becomes obvious
this is fine but the best defense against the dark arts is to notice when someone is _trying_ to persuade you of something and simply refuse without justification
"thats crazy bro" solves 99% of your problems here
4
2
12
2,195
Not really true. VCs as individuals are some of the largest owners of Bitcoin and Eth, and the early LPs in most of the big cryptofunds
1
13
Brooklyn's finest cryptofund.
0] Very happy and excited to announce Acrylic I, a $55M venture fund dedicated to backing the next generation of crypto founders 🎨
medium.com/@acrylic_/announc…
1
1
12
The exemption appears to be for all DAOs, of which there are tens of thousands, not just companies that A16Z invested in… was this article written by a bank.
11
Sunflower is a killer new web2 infra vc that also does great web3 infra investing.
Think there will be more crossovers like this inevitably
linkedin.com/posts/liujiang1…
2
2
12
1,031
A new DeFi primitive for the world.
We couldn’t be more thrilled and proud to introduce AladdinDAO @polychaincap @DCGco @1kxnetwork @multicoin @cmsholdings @nascentxyz @SBF_Alameda @brian741 @defialliance @rleshner @kaiynne @hal2001 @alpackaP @ashwinrz @SharlynWu @TekinSalimi @niraj @brian741 @QwQiao
1
1
11