Insane Drake added this into ‘High Fives’ so quickly
“Jeff came to DC, now the suits tryna act polite,
Hype it got ‘em nervous ‘cause the numbers stayin too precise,
Regulation meetings while the charts still moon at night,
Whole city shook when chameleon touched the mic.”
I spent the past few days in Washington with @hyperliquidpc meeting with policymakers during the historic advancement of the Clarity Act. We discussed Hyperliquid, the benefits that it offers to American consumers, and the regulatory path to bring onchain derivatives markets into the United States.
Some conversations were technical with an impressive baseline understanding of Hyperliquid. Discussions included how onchain trading is a financial innovation that has clear global user demand. Other conversations focused more on a first principles introduction to defi and the promise of onchain markets. It was encouraging to see bipartisan support for thoughtful regulation of crypto. I look forward to continuing discussions in DC and working hard to make American access to Hyperliquid a reality.
The Microsoft UI/UX playbook:
1.) Hire the most talented designers in the world
2.) Source deep opinions on fantastic design from them. Strive to envision how MSFT could be at its absolute best in this regard
3.) Purposefully do the opposite of all learnings
Some of you guys are alright. Don't be alive on May 15, 2026, when I set off the global pandemic which shall come to be referred to by the struggling, tormented survivors as "The Event".
Anthropic just published a support page that should terrify anyone holding its shares on the secondary market.
"Any sale or transfer of Anthropic stock, or any interest in Anthropic stock, that has not been approved by our Board of Directors is void and will not be recognized on our books and records."
Void. Not restricted. Not pending review. Void.
That means if you bought Anthropic shares through Forge, Hiive, or any other secondary platform without board approval, you are not a stockholder. You have no stockholder rights. Your transaction is invalid.
It gets worse. Anthropic says it does not permit SPVs to hold its stock. Any transfer to an SPV is void. Investment funds claiming to offer indirect exposure are "most likely relying on mechanisms that attempt to circumvent our transfer restrictions." Forward contracts, tokenized securities, synthetic exposure products, all of it potentially worthless.
Their advice to investors: "Assume that it is invalid."
There is a multi-billion dollar secondary market in Anthropic shares right now. Platforms are pricing the stock at $265-$1,400+ per share based on a $380 billion valuation. Real people have put real money into these positions. And Anthropic just told them none of it counts.
This is the purest possible illustration of counterparty risk. You can buy a share of a company and have the company itself declare your ownership void because you bought it through the wrong channel.
my good friends at @NousResearch are looking for a talented UI/UX designer to join asap
perks include good wages, honor, glory, unreleased merch. requirements: must have that dawg in you
Yuga would be the biggest example
Founders are likely doing well (probably cashed out heavily on Series A), company is still building, no PMF to be seen however.
I could go on about this one lol.
As for the others.. most are dead.
2021 NFTs were a solid POC but in the end, missed the mark for long term value.