Through Scenius Capital, Iโve invested in 12 crypto funds and done diligence on over 300 blockchain venture funds and liquid token hedge funds.
Here are my 5 biggest takeaways on crypto fund investing ๐
Recalled a recent @bankless podcast episode mentioning about the CIA owned VC firm In-Q-Tel and Silicon Valley's deep involvement in it as shareholders.
This is a scary context for the recent AI developments.
"AI may lead to the concentration of wealth and power in the hands of those who control the technology and data, further increasing economic inequality"
Worth to notice that what has been released to the market is just what the powerful few want to expose to us.
Although I definitely enjoy my banking experience with @mercury. Shouldnโt I feel concerned that the SVB meltdown is contagious and at the end of day Mercury is just another FDIC insured company that is not even a bank? Should I move my startup money and where is safe?
I just called a VC to ask how he was advising his portfolio companies to deal with the Silicon Valley Bank fallout.
"You're going to have to make this quick," he said. "I'm on the gondola in Aspen and we're almost to the top."
When analyzing early stage social apps, there's three categories of metrics I care about:
- Growth
- Engagement
- Retention
I'll outline how to measure each one, plus our @a16z benchmarks based on hundreds of apps we've seen.
I think I'm going to be in crypto until I die tbh. I'm not the best at anything, still trying to become better at trading, DeFi, writing, etc. But to me, it feels like I found my calling. This industry will only get bigger, and I love being a part of it.