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I read this as Zuck being a world class capital allocator

Overheard some piker whining about being “rugged” on an angel investment because the company failed and the money went to pay developer salaries. What tf did you think the money was for?

As a massive LOTR fan I will always stan how Thiel names his ventures PS Anduril is probably the single best named company I have ever seen

.Arthur Hayes dropping bars

Good times

My stablecoins had 10,000% unsustainable APYs and algorithmically adjusted supplies We are not the same

$BTC Also recommend “How Countries Go Broke” as a Type 3 fun read

> Saw this > Decided to do a quick check > 40% of PancakeSwap | Live on Solana volume from 1 coin > Coin is $26M market cap, trades $4B a day > Closes tab > Goes to gym

What is your highest conviction investment idea for the next 3 months? Any asset class

Almost every week on the timeline I see a variation of “I couldn’t make money trading crypto last 2 years when alts were no longer going up in a straight line therefore it means the industry is dying and you should all quit”

$60M bet on whether this is a suit 👀

After consulting with a friend more well versed in the esoteric arts of haute couture I have concluded UMA voters are probably right and that, in her words, “it’s not a suit it’s a fucking jacket with a lapel”

“ChatGPT, create a unicorn SaaS company that makes gorillions a week. Don’t make mistakes.”

If you're paying attention to both this should be extremely obvious

Daily reminder

Why are some sports, like F1, golf, polo, associated with a richer audience? If cost of participation is the main driver, why is tennis seen as a “rich” sport but ice hockey isn’t?

YouTube actively banning VPNs now? Not very "can't be evil" of you, Google.

Past 14 months of TANGENT investments (2 are follow ons, 1 pro rata) All but one are crypto-adjacent - fully crypto, open to crypto or actively exploring crypto - or from ex-crypto founders. Putting money where our mouths are and funding applications, not 20 more

When you assume the average age of CT is 16 everything suddenly makes sense

Over-raising is a poison that tastes sweet at first but slowly kills your entire project. Or a legal (?) way of scamming your way to running a hedge fund without a license and track record