Les Grossman

[Les Grossman @0xLes]

@PenguinWeb3

[Les Grossman @0xLes]

@jonah_b if issuing and redemption APIs are seamless, stables will likely be abstracted so buyers and sellers only feel fiat. Until rewards programs can be funded by holding the stables… rerunning the interchange rewards funding game

[Les Grossman @0xLes]

exited after a nice 3x

[Les Grossman @0xLes]

little known Australian VC really cashed in on $OUST

now, climbing back up to listing price

[Les Grossman @0xLes]

@patrickc Physics of smoke movement

[Les Grossman @0xLes]

@bowtiedstocks Try sign up - waitlisted
Shop around for pricing - not cheaper than other GPU compute suppliers (wouldn’t lower costs be the main benefit of their cooling tech?)
Regardless, Fermi managed to pump then dump on retail with 0 reported revenue
It’ll get away

[Finn Hulse @finn_hulse]

in the future, casinos won't make money

a single (huge) crowdfunded pool will power millions of near-fair bets across apps and AI agents

all house profits will flow back to everyone's buy-ins automatically

providing the best yield in the world to its owners

testnet now live

[Les Grossman @0xLes]

@finn_hulse Lfg

[Les Grossman @0xLes]

@hamptonism does or doesn’t? vague posting

[Les Grossman @0xLes]

@atelicinvest For Atlassian…

[Les Grossman @0xLes]

@Citrini7 @dreamtemple_ 4.003

[Les Grossman @0xLes]

YubiClaw

[Itamar Golan 🤓 @ItakGol]

HOLLLLY They invented a NEW language

[Les Grossman @0xLes]

@rabois look how every reply and QT are paid content accounts / bots https://t.co/RgaOzk1rfN

[Jack Zhang @awxjack]

Truth has become harder to see nowadays, not because there’s less information, but because there’s too much narrative from people with their own interest.

In a world of 24/7 news cycles and instant takes, stories often move faster than facts. Narratives get formed early, amplified quickly, and corrected if at all much later.

For builders and leaders, this matters.

We see this all the time in business. Assumptions get repeated until they’re treated as truth. For example, we’ve seen reporting we have suspended our IPO this year — despite the fact that we never planned to do an IPO this year, or even next year. That’s how easily narrative can outrun reality.

Another example: I recently saw reporting that referred to “Airwallex strategy and operations head Briar Mercier” and attributed company-wide positions to her. In reality, Briar is a compliance operations analyst, at a very junior level, and far from leading strategy or operations at Airwallex. A small inaccuracy, perhaps — but one that completely changes the meaning of the story.

A third example went further, suggesting that “concerns about access to customer data from China had circulated internally”. What this actually referred to was a narrow, routine operational question: whether account executives in China should retain access to their own China-based customers’ KYC data after onboarding. It had nothing to do with China accessing customer data from other regions — yet the narrative implied something far broader and more serious.

I’ve also noticed that some narratives are built on information from several years ago. That context can be useful historically, but without acknowledging how much has changed, it can distort what’s actually true today.

This is how narratives drift. Context gets stripped away, scope gets inflated, and nuance disappears.

Good decisions don’t come from headlines or hearsay. They come from first principles, primary sources, and direct context.

The discipline is simple, but hard:

Separate facts from interpretation
Slow down before drawing conclusions
Be comfortable holding uncertainty while you verify

Truth doesn’t need to be loud. It needs to be accurate.

Over time, facts compound. Narratives fade.

[Les Grossman @0xLes]

@based16z the most schizo placeholder email

[Les Grossman @0xLes]

@rationalaussie it isn't that hard to find... pivot and sort by highest duplicate address count. This guy has 9x NDIS cleaning businesses against a single residential address

[Les Grossman @0xLes]

@typesfast “Why don’t you spend less time writing about capital, and more time making it?” - his mother

[Les Grossman @0xLes]

@DromosLabs @cryptojake @VitalikButerin @jessepollak @jerallaire What a line up

[Les Grossman @0xLes]

@jack_anorak https://t.co/AlaxpVJkFa

[BLW @BLWONX]

it should be obvious that the days of independent crypto native cex platforms are numbered, shown by majority of founders starting to head for exits via ipos, mergers or other buyout strategies - resulting in the demand and focus of dex platforms

those overly concerned with initial issues of new platforms overlook that a dedicated mascot with unlimited financial and marketing resources can quickly build a leader in the space

[Zephyr @zephyr_z9]

This surge is mostly due to them increasing the price of wafers

[Les Grossman @0xLes]

@JgaltTweets you cooked

[Les Grossman @0xLes]

VLAs improving