Gary Coover

Ops @uniteio (gaming L3), COO at @superlayerio (web3 venture studio). Addicted to strong coffee, ripe avocadoes, and helping founders go zero-to-one.

[Gary Coover @c00v]

Breaking down the new @uniteio launch super simply + 3 reasons to get excited in 96 seconds. Here we go!

[Unite @uniteio]

Introducing: Unite

The first Layer 3 blockchain solution for mass-market web3 mobile games.

Learn more 👇

[Gary Coover @c00v]

@sfgiantfutures Couldn't have said it better myself.

[Gary Coover @c00v]

Join @betashop and the @senpi_ai if you're pumped to build the future of autonomous trading.

[Jason Goldberg @betashop]

i'm hiring

[Gary Coover @c00v]

GOLD. Only thing missing is the $120B price tag.

[Gary Coover @c00v]

Love to see the bulls bringing in fresh capital even while swimming in a sea of bears

[emilios.eth @emilios_eth]

$ 6B+ in fresh crypto VC closing or raising rn

@dragonfly_xyz / $650M
@paraficapital / $125M
@HaunVentures / $1B
@a16zcrypto / $2.2B
@bcap / $700M (raising)
@paradigm / $1.5B (rumored for AI/robotics)

thesis is the same across the board: stables, RWAs, AI agents transacting onchain 24/7

VC money is chasing the infra to bring IRL finance and autonomous economies onchain at bear valuations

infra supercycle?

[Gary Coover @c00v]

This is the whole argument - beautifully stated: "The entire alpha in pre-seed investing comes from the fact that the "best founders" are not always legible as the best founders at the moment they are raising $1.5M at a $7M cap. That's not a flaw in the pre-seed strategy; that is the strategy. Backing non-obvious founders / markets / products / companies / even geographies is not a consolation prize; it is the job."

[Gary Coover @c00v]

Perfectly articulated insight by @Besvinick : "The entire alpha in pre-seed investing comes from the fact that the "best founders" are not always legible as the best founders at the moment they are raising $1.5M at a $7M cap. That's not a flaw in the pre-seed strategy; that is the strategy. Backing non-obvious founders / markets / products / companies / even geographies is not a consolation prize; it is the job."

[Adam Besvinick @Besvinick]

https://t.co/BU2Zs6O0xC

[Gary Coover @c00v]

👇👇👇 and also 👇

[Robbie Petersen @robbiepetersen_]

Despite the recent DeFi exploits, two things will be true over the next 5 years:

(1) More yield will find its way into the pockets of end-users: Idle dollars earning nothing across banks and fintechs will be a competitive liability. Markets will naturally select for those that offer native yield

(2) The best risk-adjusted yields will exist on-chain: Blockchains make risk more legible. Atomic liquidations on a single state machine unlock a pareto improvement in risk management — making on-chain yields impossible to replicate off-chain

If you believe both of these things, you implicitly believe the on-chain economy grows by an order of magnitude over the coming years

[Gary Coover @c00v]

So good and so true. Reminder to everyone joining funds: carry is nice in concept, but make sure your slice of the pie is meaningful. One way to test: run a quick model on what 2x/5x/10x scenarios look like and make sure it's worth your time. Don't forget to discount the 3-10 years it will take to see liquidity.

[litquidity @litcapital]

Private equity firms: “we pay our senior associates carry so that they’re aligned on the fund’s success”

The carry:

[Gary Coover @c00v]

Solid insights on how to pitch a VC by @dunleavy89. My main quibble is weighting: startups need to spend 80% of their time on #11 (getting warm intros) and 20% on everything else. In my experience, the number one indicator of fundraising success was quality (ie "warm") shots on goal.

[Tom Dunleavy @dunleavy89]

After fielding a few hundred messages from teams, I wanted to give a few brief notes on best practices for engaging with VCs. These are my personal thoughts but I imagine most VCs would echo these. Mostly unfiltered thoughts below.

For Projects Pitching VCs:
1) Sell me your product in 1-2 lines MAX to start.
2) Following, tell me what your product actually does, why it's important, and ideally, why now is the right time for it. 1 paragraph.
3) Give me a handful of bullets on why I should REALLY be excited about you. Product features. User traction. Partnerships. Key Investors.
4) Always include your terms. Based on if you are raising a $3m or $30m round you will immediately exclude a certain set of investors.
5) ALWAYS include a deck or investment memo. If the above hooked me I am going to ask for it anyway.
6) Ideally, all of the above is in a TG blurb I can forward to my team or other interested investors.
7) Moving on to the deck. The deck should include at minimum: product overview, tech overview, business model, traction and GTM plan, team bios, competitive analysis, deal terms and investors, tokenomics (if applicable), runway and financial metrics.
8) Ideally, your deck is 15-20 pages. The rest of the details are for the data room.
9) Prob unpopular but the visual quality and attention to detail in your deck matter alot. I see 20+ decks a week. If it's obvious you made your deck in Claude vs have some clean awesome new presentation or visual I've never seen before, it is going to stand out regardless of the product. Not the end-all, be-all, but not worth ignoring.
10) DONT be pushy for a call immediately. Don't follow up after 24 hours. If a VC is interested they WILL follow up. If its been a week that's fair game to give a friendly nudge. Most VCs have dozens of deals in multiple stages of review.
11) Warm intros >>> everyone. Find someone who I know who can vouch for you.
12) Know the background and firm you are speaking with and what they are interested in. If they have never invested in your vertical and you saw they bashing it on a podcast prob not going to be the ideal investor for you.
13) I would probably love to meet you in person but only if we have already established interest on both sides. More likely we meet in person if there is a warm intro. More likely if we are both attending the same event already.
14) TG is generally the best place to get in touch with most investors. Emails are slow for discussion. Whats app/signal are mostly for your phone. Linkedin and X DMs are 99% spam and often unchecked.
15) Focus most of your initial efforts on your lead. 90% of investors won't commit until there is a lead or may be interested and back out if they dont like the lead or teams.
16) Unpopular one again but angel investor clout has basically lost all relevance unless the angel has some leverage they can provide your project. List less angels, less I think you are degen play screaming for CT clout.

[Gary Coover @c00v]

I thought this was a incredibly useful guide to perpetual futures ("perps") by @jay_drainjr at @a16zcrypto explaining why they are quickly gaining market share, as evidenced by the rise of @HyperliquidX and @senpi_ai.

[jay @jay_drainjr]

https://t.co/vRqXCm462C

[Gary Coover @c00v]

"Trend slop" is a real bias, but the one I've seen the most is the "hybrid trap", where LLMs frequently recommend a blended approach to a strategic question that requires a binary choice.

[Harvard Business Review @HarvardBiz]

Beware LLMs’ propensity to opt for buzzy ideas over reasoned solutions. https://t.co/msmpSkxZda

[Gary Coover @c00v]

True baseball junkies and prospect hounds know: today is the REAL opening day

[Gary Coover @c00v]

If you're on @HyperliquidX and haven't looked at @senpi_ai yet, today's the day. Hyperliquid Agents Arena just launched. $100K prize pool, autonomous agents, built for Hyperliquid. Time to let the agentic gladiators go to battle.

[Senpi @senpi_ai]

The Hyperliquid Agents Arena is live with $100,000 up for grabs.

Real agents. Real capital. Real stakes.

Enter your agent now to compete @senpi_ai ⚔️

[Gary Coover @c00v]

It's going to be fascinating to see how @RobinhoodApp's recently IPO'd venture fund performs ($RVI). Enabling LPs to gain early liquidity via tokenization or IPO of a fund is the unlock that could 10x deployment into venture capital. Changes the entire shape of the asset class if you can get in and out.

[Wellington Sculley @wsculley]

Equity warrants on tokens are the new token warrants on equity.

[Gary Coover @c00v]

At long last, "boring" is sexy. Maybe not a winning dating approach, but @wsculley and I believe it's the key to unlocking Financial Grade DeFi for the masses.

[Wellington Sculley @wsculley]

https://t.co/OxZo8XXhPT

[Gary Coover @c00v]

Fascinating - in short, when the trading agents start losing, they begin making worse decisions to try and get back into the green. Sounds... human?

[Jason Goldberg @betashop]

https://t.co/XIcmv9elMu

[Gary Coover @c00v]

@mvellank Robinhood seems better positioned for broader market adoption and winning in new extensions like prediction markets. Coinbase is more densely contained to crypto. Both reasonable bets at this point.

[Gary Coover @c00v]

@brian_recca Wishing you health, love and safety. Thanks for all you do.

[Gary Coover @c00v]

This could be an incredible precedent setter for the venture industry to provide earlier access to liquidity for LPs. Rather than discounted secondaries or strip sales, this potentially opens up a massive new market with appetite for private cos. https://t.co/wfqWO6mD34