Foundermode Doc

learner. thinker. serial founder. my virtual investing journal

[Foundermode Doc @foundermodeMD]

@karlbooklover do you think eth has bottomed?

[Foundermode Doc @foundermodeMD]

@crypto_condom @SpaceX If Tesla and spaceX merge and currently hold Tesla - what’s that mean for Tesla shareholders vs spaceX?

[Foundermode Doc @foundermodeMD]

@joao_wedson Can you chart this for ETH/APPL

[Foundermode Doc @foundermodeMD]

@AdithiaKusno So that’s what I don’t get - how can we get -97%?

[Foundermode Doc @foundermodeMD]

@AdithiaKusno Is Neuralink gonna be part of Musk Enterprises? 10T mkt cap?

[Foundermode Doc @foundermodeMD]

@ChifoiCristian it's alright. kind scattered from scene to scene. bit chaotic. dialogue/screenwriting pretty ass. matt damon was nothing like how crowe was in gladiator - damon just like a regular dude speaking not really getting into character, 6/10.

[Foundermode Doc @foundermodeMD]

@TrendSpider Check this @AdithiaKusno

[Foundermode Doc @foundermodeMD]

@AdithiaKusno Was proven to be saturation change in video to make it look blue - but nevertheless was rigged for Argentina. Thankfully Spain won!

[Foundermode Doc @foundermodeMD]

@AdithiaKusno You don’t think KOPSI topped yet? 👀

[Foundermode Doc @foundermodeMD]

@RikiRealEstate BOLSENA

[Foundermode Doc @foundermodeMD]

@FroehlichThors1 do you think semis/memory are topped?

[Foundermode Doc @foundermodeMD]

@TrendSpider udpate on this?

[Foundermode Doc @foundermodeMD]

@ShortSeller Genuinely curious why you don't think semis and memory are topped?

[Foundermode Doc @foundermodeMD]

@TheBigCycleGame do you think crypto gets a bid now?

[Foundermode Doc @foundermodeMD]

@AdithiaKusno Which do you believe it is more likely to be?

[Foundermode Doc @foundermodeMD]

@TommyThornton @AdithiaKusno Adithia how do you internalize and process these fund manager surveys? On one hand, they’re supposed to be smart money. On the other hand, almost all don’t outperform the indexes?

[Lorenzo Valente @LorenzoARK]

The Robinhood Chain is the cleanest case study of what happened to ETH's economics over time.

Since inception, @RobinhoodApp Chain has grossed ~$816K in revenue.

@Arbitrum, the middleware provider, takes 10%: ~$80K.

Arbitrum then pays Ethereum for settlement: $1,538.

The margin profile roughly:

Robinhood: 89%
Arbitrum: 10%
Ethereum: 0.15%

If your thesis is "ETH is money," Robinhood building here is ultra bullish. More activity, more ETH collateral, more lindyness.

If your thesis is "ETH is a revenue generating asset," this is the ultra-bear case.

And here's the uncomfortable truth: Robinhood was never going to build on Solana, Sui or any monolithic L1. They want the stack customization. They want to be landlords, not renters. Ethereum won this deal on merit.
It's just not pricing it right.

A healthy split to me looks more like:
Robinhood: 75%
Arbitrum: 10%
Ethereum: 15%

Ethereum sells the most valuable settlement layer in crypto at marginal cost. Things need to change. @ethlabs_org

[Foundermode Doc @foundermodeMD]

@LukeGrahamWhite Do you have a take on where semis / memory are in the cycle? And how what’s going on with KOPSI influences your read for US markets?

[Foundermode Doc @foundermodeMD]

@blackwidowbtc Agree

[Foundermode Doc @foundermodeMD]

@blackwidowbtc Same! I think eth and Altcoins go absolutely bonkers this cycle