Morning brew has millions of daily readers
If this gets 500 likes then they'll launch a crypto-focused newsletter
They are among the best at breaking down complex topics in business/technology. This would have a material impact on expanding crypto's reach
all my conversations with gen z mafia are like
them: i didn’t really know what burnout was until 5 years ago when my first company hit 20 employees and i…
me: wait 5 years ago weren’t you 14??
them: yeah, so like i was saying i had to fire my COO…
It really feels like now is an extra special time to try to start a generational company in SF. Most of the builders have stayed. The positive energy is overwhelming.
I’m continually amazed how the busiest/most successful people can reply to a cold email within 60 seconds and find time for a meeting within 48 hours.
If your cold emails aren’t landing, aim higher!
It’s wild to think that 7 years ago
@pmarca
was tweeting 100 times a day and invented the tweet thread in the process
The popular opinion back then was that he was wasting his time not that this would become a new form of distribution for all investors
If you want to break into angel investing, start by building a legendary reputation for helping founders source and vet their first 10 hires
If you can do that, every founder will want your money and you'll have no shortage of investors begging to become LPs
I’m a Miami realist. It’s going to be very difficult to continue the momentum into the summer
That being said, two of the most pro-SF people I know are now fully committed to moving here after a one week visit 😲
LOOT
- randomized adventurer gear
- no images or stats. intentionally omitted for others to interpret
- no fee, just gas
- 8000 bags total
opensea:
etherscan:
available via contract only. not audited. mint at your own risk
The users of the biggest DAO infrastructure projects won't even know they're making DAOs
The best tech fades into the background because people care more about what it allows them to do than the tech itself
@austin_rief
I hope it’s ok that my writing career peaked when I got a 100% on an essay on The Odyssey in high school.
It’s been all downhill since then
the llama community has accomplished a lot this year and we're just getting started 🦙
dm me if you want to help advance the dao economy or just like purple llamas
Scoop: Business Insider parent Insider Inc. is in talks to acquire a controlling stake in newsletter startup
@MorningBrew
that values the company at over $75 million, sources say. Story coming to wsj dot com.
When I started angel investing, I would've never predicted how few founders make it to the starting line
Even if the founder is skilled, they have initial funding, and the idea has potential, many never launch a product
Just being relentless is a competitive advantage
@hasufl
Fastest way to go from 0 to writing non-trivial programs is
@rithmschool
’s free course:
All the canonical books and courses require too big of a time investment. You’ll lose interest.
The Winklevoss twins confirmed today that they own 1% of bitcoin
That means it only needs to ~40x for them to be worth more than Zuck
The Social Network sequel is going to be WILD
It’s sloppy thinking to assume investing in DAO tools today will provide the same financial exposure that saas did for startups
Power law returns will come from building and investing in DAOs operating at the frontier
There are plenty of reasons to buy a home — financial return is not one of them
In NYC you have to price in property tax, HOA fees, maintenance, mansion tax, title search cost/insurance/gratuity, inspection, appraisal, broker fee, app fee, etc
Renting is not throwing money away
If you’re in the wealth accumulation phase of your life, I think buying a home is a terrible decision (in most cases).
Prove me wrong.
Seriously. I’m not being rhetorical.
I want to see if there’s math that says otherwise.
There are a lot of projects building frontends for dao governance
The winners will be the ones who can aggregate and evaluate contributors
Finding and retaining talent is still an unsolved problem for even the largest communities
@austin_rief
@packyM
not kidding you should talk to
@john_c_palmer
Each newsletter could be an NFT, $PACKY token holders get a % of each secondary sale, whales get to join a members only discord
I rarely get to share my work in public, but today is an exception
Introducing Chainalysis Market Intel — a set of metrics to help the crypto community make data-driven investment decisions:
@ashleymayer
@maiab
I know right?? It’s usually something along the lines of “you’re not allowed to call yourself an angel investor unless X”
And X does not correlate with what founders find valuable
With Snap's market cap crossing $50B, it's interesting to look back to 2013.
Fresh off turning down the FB offer, Evan could have easily raised at 3-5x the current valuation. Instead he chose to focus on monetization.
This is an amazing display of discipline for a 23 year old!
i think that there is destiny in physical objects. there are some things that feel like you must own them, and they are only made for you. and this is really what it means to have taste, is finding those things
@micsolana
@pmarca
He missed this part: "I expect this essay to be the target of criticism. Here’s a modest proposal to my critics. Instead of attacking my ideas of what to build, conceive your own! What do you think we should build?"
Every open-source startup should be studying the
@vercel
playbook
In 2018, 37% of JS devs had never even heard of Next.js - now it seems to be the default choice for the frontend community
They've gone beyond developer experience and built a desirable brand. Some examples:
Coinbase might be the best example of the flaws in early-stage TAM analysis
The total crypto market cap is up 15,000x since they raised their seed less than 9 years ago
someone explain to me how twitter has been the town hall for the world’s most important conversations for over a decade, yet only captures enough value to be a $40b company
@hasufl
Fastest way to go from 0 to writing non-trivial programs is
@rithmschool
’s free course:
All the canonical books and courses require too big of a time investment. You’ll lose interest.
If you’re a founder who’s fundraising and thinking about coming to Miami next week, my DMs are open
I can help you find a place to crash and get you meetings with dozens of VCs
Excited to see the Uniswap community’s response over the next week. We at
@llamacommunity_
think this will be a big driver of liquidity migration from v2 to v3 and grow the unique UNI token holder base
We propose the Uniswap Liquidity Program (ULP) with these goals:
- Accelerating migration of liquidity to v3
- Encouraging new participants to experiment w/ LP
- Further distributing ownership of UNI
Authors: Llama x Variant
Nouns just made 6 days of auctions with an edition release of a video it commissioned.
The original creators were paid upfront and received a split on sales. All onchain.
We might be looking at the blueprint for crypto native movie studios, production houses and record labels.
llama voted yes for prop 167
@nounsbuilder
will both democratize access to the best model for bootstrapping internet communities + serve as a testing ground for nounish DAO parameter changes in production
imo the future of defi regulation comes down to one question:
when a UI generates a tx and hands it off to a user’s wallet for them to review/send, is the UI conducting the tx or is the user?
there will be a pivotal court case centered around this topic in the coming years
Starting NOW: unlock over $100,000 worth of Unisocks prizes JUST by signing up for alerts and tuning in.
Crazy. We know. You’re welcome.
Sign up for free game (sock alerts) here ->
what's the most gas efficient way to do an airdrop to 1000 addresses?
is it still a claiming process by storing the merkle root onchain and providing a frontend for generating the proof?
@_anishagnihotri
Attention: Reply with your ens name/eth address to get some $AUSTIN.
Those named Austin will be prioritized but supporters of Austins are also welcome.
@AustinGreen
and I have some fun stuff planned.
Paul and co just announced their Series B led by a16z:
I’ve said this before: Clubhouse is the most interesting social product to emerge in the last several years.
They’ve created a new category, eating into Twitter, forums, podcasts, and talk radio. 🤯
Next
@AngelList
needs to productize the scout ecosystem
Attribution, automatic compensation, allow funds to compete transparently and scouts to build a reputation
AL already abstracts away legal/compliance. Why not abstract away employees for solo GP rolling funds
I joined
@shafu0x
's podcast to give a deep dive on how Llama can be used for protocol governance
We covered role-based access control, designing custom execution strategies, and how Llama accounts can be used to manage onchain assets
@patrick_oshag
Shopify is such an elegant example. Instead of many small businesses paying a local dev shop thousands of dollars for a commoditized online store, Shopify has a platform that runs at scale and amortizes the cost. Everyone wins as the platform generates more value than it captures
Establishing the Uniswap Foundation would be a huge step forward for growing the protocol’s developer ecosystem
@devinawalsh
and
@nkennethk
are the perfect team to lead this effort
The Winklevoss twins confirmed today that they own 1% of bitcoin
That means it only needs to ~40x for them to be worth more than Zuck
The Social Network sequel is going to be WILD
If I was a VC and you walked into my office with a first name twitter handle + a five letter dictionary word .com domain name — you’d be walking out with a check
No questions asked