Kevin Durant's biggest wins as a Venture Capitalist:
Hugging Face ($250k check to $60mm)
Whoop ($125mm valuation to $10.1B valuation)
Coinbase (invested at $1.6B valuation in 2017)
Robinhood (invested at $1.2B valuation in 2017)
Underdog Fantasy (invested in $10mm funding round, sold for $1.1B)
Rubrik ($1.3B valuation in 2017, now valued at $20B)
Mercury (Participated in 2019 Series A at $100mm. Now valued at $5.2B.)
Postmates (invested $1mm, received $15mm after an Uber buyout)
Overtime (invested at $31mm valuation)
The monopoly @StakeEddie has grown over the last 10 years is insane.
He owns @Stake
He owns @Kick
He allegedly owns @rainbetcom
He now allegedly owns @getonmoon
Just in gambling platforms his share of the market is over 55%
In live streaming his share has grown to over 15%
Next will be crypto trading
I helped build @vectordotfun. It was a really wild ride.
It's been fascinating watching @fomo's rise this year.
Wrote down some reflections and lessons in this piece. https://t.co/FZ1zPM6N60
Orangie just went through Cupsey's monthly PnL and couldn't believe what he was seeing
Cupsey reportedly made $8M in January, including a $700K day on January 23rd
Then $4M in February
$800K in March
Even while traveling, he was trading from his phone and pulling $50K, $48K, $34K, and $30K on individual trades
Then came $1.6M, $1.5M, $2.2M...
🗣️ "This is literally every single month"
It's actually astonishing that a literal gambling / sports betting platform is rated higher than a trading app.
I guess perks of being a disclosed vs undisclosed casino.
Social trading is gambling.
Dexscreener hasn't tweeted in 9 months.
Yet they have 10 million monthly users, zero competition, and full control over the trenches.
And made over $100m last year.
No updates, no GM posts, nothing.
Just a good product that everyone uses.
Lesson in there.
Ken Griffin, CEO of Citadel, enjoying some downtime in Monaco after Leopold Aschenbrenner’s Situational Awareness fund — along with hundreds of thousands of leveraged South Korean investors got liquidated.
Enjoy the good life, Ken!
6 months of struggling followed by 6 months of winning. Blessed to achieve these numbers in the last two quarters after trying to get back in sync with the markets in Q1 and Q2. Patience pays!
2024 was by far my most successful year, while at the same time finishing #1 on @Bybit_Official . 🙏
Great start to my trading year so far. 🥳🎉
But I am also focused on fitness, competitive programming, and getting some sun. Even being obsessed with trading, we have to find a balance.
How is your 2021 going? Leave a comment below.