ANNOUNCEMENT: @Meow is profitable! 🙌
And our plan is to never raise from VCs again.
WHY IS THIS SO IMPORTANT?
Meow is a low-margin company. We believe financial services are a commodity.
Hitting profitability as a low-margin company means our business model is sustainable.
And what's the point of never raising from VCs again?
The venture capital treadmill is how great companies die.
Raising. Answering to VCs. Hiring to show growth. Raising at a higher valuation. Jacking up prices.
We refuse to fall into that trap.
Meow is profitable, with the vast majority of our $22m Series A from May 2022 unspent.
Thank you so much to our customers. Your support is our lifeblood and has made this possible.
Now, we go back to the infinite game.
Financial services is a ~$16 trillion industry. Don't underestimate the power of compounding.
Giant markets are chains of niches. To hit the $B+ scale, your first move is discovering your killer wedge: a key product or feature that orients your company and 10xs your learning curve.
@peteflint's new essay is a killer wedge cheat code: https://t.co/bd2G7dtZob
1/3 Resigning, a Hanukkah Message: As of today I have resigned from the antisemitism advisory committee at Harvard. Without rehashing all of the obvious reasons that have been endlessly adumbrated online, and with great respect for the members of the committee, the short explanation is that both events on campus and the painfully inadequate testimony reinforced the idea that I cannot make the sort of difference I had hoped. Still, there are several points worth making. I believe Claudine Gay to be both a kind and thoughtful person. Most of the students here wish only to get an education and a job, not prosecute ideological agendas, and there are many, many honorable, thoughtful and good people at the institution. Harvard is still a repository of extraordinary minds and important research.
@balajis is a 1st principle thinker, who predicted the impact of Covid early https://t.co/do3R0G44MS and now is sending a #BitSignal warning of hyperinflation https://t.co/RK1Fv0man5 DYOR but it's impossible to ignore the possibilities
The BitSignal
How do you ring the fire alarm on the internet?
How do you show it’s not a false alarm?
I am putting up the BitSignal.
$1M in BTC to alert us to the stealth financial crisis.
$1000 per tweet, for the best 1000.
Reply with your charts, graphs, stats, memes!
Bring attention to what is happening!
Because the central bank, the banks, and the bank regulators have bankrupted all of us.
They hid their insolvency from you, the depositors.
And they're about to print $2T to hyperinflate the dollar.
In the digital age this will happen very quickly.
So buy Bitcoin *now* and get your coins off exchanges.
@__zkhack__ is an amazing platform for learning about #zeroknowledge proofs. If you're a fan of the @zeroknowledgefm podcast by @AnnaRRose, this event will help you level up your knowledge by going hands-on...in the case of tomorrow, with Leo by @AleoHQ!
I've gone down the proverbial crypto rabbit hole along with my son and daughter, each along our own path; join our family conversations, debates, and fun with other crypto founders
With my dad & brother as crypto founders, the Bellers recently realized that what we consider normal family dinner conversation, isn’t that normal. So we decided to invite our friends & record them. Welcome to the family ✨ https://t.co/MNkFABqApI
Get excited @DrewBeller is co-hosting a podcast that dives deep into Web 3 and the founders journey in it.
Subscribe now to get the first drops on interviews with founders from Near, Mysten, Coinbase Cloud and more!
https://t.co/a2YGZTGKuh
IMPORTANT UPDATE: Incentives for Aleo Testnet 3 will be activated on December 2nd at 00:00 UTC⌛
Stay tuned. We will be walking you through everything you need to know and how to start collecting Aleo credits⚡
August was a big month.
✔️expanded the network to six testnets
✔️open-sourced the demo application
✔️increased network robustness
✔️added new testing and monitoring
✔️developed our beta program
✔️discussed the network in AMAs
https://t.co/9Z0m6AdakN
Haven't had a chance to check out our demo application yet?
Here's a short video explaining how the app showcases the Spanning Network.
Take a look for yourself: https://t.co/yToiAuYFoX
We are proud to announce the Spanning Network testnet is available to the public on three supported test chains - Rinkeby (Ethereum), Fuji (Avalanche), and Mumbai (Polygon).
Say goodbye to wrapped assets and hello to Spanning ownership.
https://t.co/hjJESQFXEK
🪄 Everyone talks about how #zeroknowledge proofs are a transformational technology for the next-generation web. But what are some tangible use cases? @DiprinzioNick unpacks some of the exciting prospects in a non-technical post on our @AleoHQ Medium blog: https://t.co/23WSQgE6QJ
Last & the farthest from least.
Q: When can we access the Spanning Labs testnet?!
A: Next Tuesday (7/26) the team will be sharing more developer documentation, open source files, and a demo application that shows multichain tokens and NFTs!
Big personal announcement: I'm launching a non-profit https://t.co/9WGw1tGZnI to help American/international volunteers fighting in Ukraine. We're working w/ the @Int_Legion_UA and other groups to make sure they get the support they need to help 🇺🇦 win this war. Why I care: 🧵