Here's the thing we're all re-learning in 2024:
To be VC-backed, you truly have to grow at insane rates
At least, Triple Triple Double Double (3x 3x 2x 2x)
Ideally, Triple Triple Triple Double Double
If that's not you, don't raise. Or stop raising. Or at least, be realistic.
Raising capital is a means, not an end. The true long-term measure of a startup's success is not how much money it has raised but how much value it has created. Let value creation drive your fundraising, not the other way around.
Our mission is to make web3 safe & accessible for everyone by cultivating an ecosystem that enables dapps to succeed.
We’re integrated with @MetaMask. Committed to @Ethereum. Bootstrapped by @Consensys.
Linea is where dapps thrive.✨ Read our mission on this blog and thread.🧵https://t.co/ERvxil1jva
It’s been 10 years since the original unicorn analysis (when we accidentally coined the term)🦄
So, our @CowboyVC team dug into new data. The tech industry has changed a TON!
✨ From 39 to 532 unicorns
✨ Pendulum swung HARD from consumer to enterprise
✨ Business types, founder backgrounds & geos changed a lot
BUT
🥺 Unicorns became way less capital-efficient
🥺 93% are ‘papercorns’ & 60% are ‘ZIRPicorns”
despite many fragile unicorns right now, we see many healthy ones too
And with AI, we expect 1,400+ capital-efficient unicorns by 2033, which will make tech even bigger and more important🌟
It’s a long read (sorry!) but pls check it out - would love feedback. What resonated, what did we miss? 🙏 🙏 🙏
Full post 👉 https://t.co/5DD8TPhbHq
ICYMI!
Part IV of our Dencun Upgrade series focuses on EIP-7514, which will alter the validator churn limit, and EIP-1153, which will introduce transient storage op-codes in the EVM (execution layer).
https://t.co/ZrVUfKlHZe
This week, @RegenRene & @CeloDevs are in Bengaluru, India for @IBWofficial & @ETHIndiaco🇮🇳
If you're in town, be sure to catch Rene's talks & meet the team! 🧵
As adoption for the new asset class continues to increase, it is important to understand the changes that are coming to Ethereum, the world’s largest programmable blockchain. #TheMerge
https://t.co/2uP3jGAwjw