VC returns for the $975M @loom sale to @Atlassian
- Seed 1: 64x ($40M on $622K)
- Seed 2: 25x ($78M on $3.1M)
- Series A: 12.5x ($134M on $10.7M)
- Series B: 4.5x ($125M on $28.1M)
- Series B+: 2.3x ($55M on $23.5M)
- Series C: 1.0x* ($130M on $130M)
Selling off a ton of my NFTs has been bittersweet.
Below are some of my biggest learnings:
1. Don’t trust your favorite founders too much. Their incentives vs yours aren’t exactly the same.
2. Take profits consistently and constantly. Good times don’t last
3. Cut your losses. Don’t baghold to 0
4. Staking and ponzis end badly 100% of the time. It’s just better to sell the hype leading / during a ponzi
5. Concentrated bets beat spreading yourself out too thin. Chances are, you end up forgetting what’s happening across multiple projects
Today is my birthday & it would mean a lot for my free mint on @ourZORA to get at least 24 mints before it closes next week!
It’s the first mint in a series of onchain social experiments where I plan to explore how onchain activities can improve our IRL social activities
https://t.co/uXb69s8LSv
I think one of the reasons that @jackbutcher projects have resonated is because they’re bringing design forward thinking to a space that has been in dire need of it.
We need more product designers in crypto and you can find them in fans of Jack’s work
Prohibition: an open, community driven & onchain generative art platform built on @ArtBlocksEngine & deploying on @Arbitrum, an Ethereum L2.
Coming soon ✖️
@punk9059 Marketplaces should show prices in USD alongside ETH. Listings, bids, volume, etc should stay listed in ETH terms but it would be helpful for more figures to also be listed in USD terms