“Public comms, viral content, branding, advertising, etc. are all important components of "Marketing". However, they are indirect. The end purpose of Marketing is to grow a product's usage and revenue generation. There are direct ways to do that, but I don't see much of that in crypto.
Something to consider when you see discussions about crypto marketers and good/bad marketing.”
THE BLOCK: American Express is hiring a new VP of Stablecoin and Blockchain Partnerships & Strategy.
The role would operationalize "how American Express participates in the next generation of programmable money, stablecoin-enabled payments, and blockchain-based financial infrastructure."
retards thinking we’re back because a bundled fnf scam was sent to $80M
more people actually went broke last night then made money after accounting for slippage and pump fees
its all just the same money moving around
> brian armstrong sells over a billion dollars in coinbase stock a year
> retail holders are down 70% from highs
> leveraged longs sell their btc to maintain their COIN positions
you dont hate this fucker enough
As part of our ongoing commitment to transparency, we'd like to provide context on recent treasury activity.
Collector Crypt recently facilitated a $1.5M OTC transfer of $CARDS from a pre-seed token purchaser to a liquid fund.
The transaction was coordinated through one of our secondary treasury wallets: 8373hLiAEXxaJ3oV7SRzx4KHwurEg9rEG98tUPj1sdtX, with both USDC and $CARDS moving through treasury-controlled addresses.
People often ask what makes Silicon Valley culture so special and hard to replicate.
It's not the talent or the capital. There are many places with both.
The secret sauce of Silicon Valley is that it doesn't punish failure. This is rare to the point of being basically unique.
Failure is already its own punishment. Spending years of your life trying to build something that goes nowhere is a deep and unforgiving grief. The time, the energy, the money, the opportunity cost, it's impossible to erase that.
But what SV startup culture strips away is that second layer of punishment: the shame that society stacks on top. The whispers at the next party, that you've embarrassed yourself, that you should have known better. In SV, there's no shame in winding down a startup, it's the mark of having entered the arena and taken a swing.
But then there's stuff like this. This is how it works almost everywhere else in the world. This founder failed, therefore the salary he paid himself is a disgrace (if he did OK, no one would ever bring it up).
Silicon Valley VCs would never post anything like this about a wound down startup. No mention of the founder's background either: Was $200K a paycut for them? Do they live in NYC/SF where $200K is ~$100K take-home? Do they have kids, a mortgage? And come on, no seed-stage company is running out of money because the founder is paying themselves $200K~, seed rounds are in the millions. $200K/yr is like a single engineer's salary. Yeah $200K is on the high side, but really? If you think this founder embezzled from the company, then sue them. If you thought $200K was unconscionable, did you mention that when you invested? Otherwise what is the point of this?
This is why in Silicon Valley (and China and Israel too), startup culture is a gem that's almost impossible to replicate anywhere else in the world. People can't help themselves to rub salt in the wounds of failure, and they don't think about the wider culture reverberations of that attitude.
Talked to a user (a vulnerable, young, unsophisticated, financially poor user) who has the Coinbase app, and it has started prompting them to gamble on sports and the price of Bitcoin. I hate this with a burning passion and it makes me ashamed to be part of this industry.
The average internet user generates roughly $124,000 in lifetime value through their data. In the U.S., it's more than $830,000. Web3 spent the last cycle solving for investors while society was asking about power.
Read our new thought leadership post on how Web3 needs to pivot the conversation.
In partnership with @paritytech
Today is the final day for withdrawals from Swellchain.
Please withdraw before tomorrow to avoid losing access to funds.
If you need help, click the frog in the Swell app or open a support ticket in our Telegram group.
I realized that founders dont get paid for their hard work or smartness, they actually get paid for their suffering, and their biggest job is learning to manage the suffering as they go.
there are days where nothing feels like its moving, youre getting pounded with negative news from every side at once and you cant catch a break, and it really gets to you.
most people on your team are working as hard as you, but nobody is suffering as bad as you, and that suffering is what you get paid for, because that suffering is literally the fear of death constantly looming large on your head, no matter what stage of your venture youre in.
during the wild west of text 2 image ai bluewillow’s average safety mod tenure was less than 3 months
leadership had to mod because we couldnt train people quick enough and it was so bad that i had to stop after a day
some of you are sick freaks
I spoke to a founder this week where he and has team previously ran an "AI girlfriends" business.
They did over $800k profit in under 6 months.
They stepped away as the team were exposed to extreme pornographic material as user requests became increasingly more graphic and disturbing and it was affecting their mental health.
Evil and disturbing practices that mess with your mind are not worth a cent.
99% of graded pokemon cards won in gatcha packs are literal bricks
buyback mechanisms generate all of the liquidity for these
what happens when platforms stop offering buybacks