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AlanaDLevin
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Has anyone seen cool stuff with token extensions?
Feels like it was overhyped and under-delivered
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AlanaDLevin
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One of the most striking insights from Coinbase's State of Crypto summit today came from @brian_armstrong's fireside: how is it that Coinbase is such a startup factory? There are more paths to a yes than a no Twice a year, Coinbase holds an internal pitch competition, where anyone can suggest an initiative for Coinbase to pursue. Every internal leader has a budget for these venture-like bets; all it takes is ONE yes to get an initiative greenlit When making venture bets, there are often far more paths to a "no" than a "yes" - it's often easier to imagine how something can go wrong than how it can go really right. Coinbase inverted this model and my guess is that it's a big part of the reason why Coinbase is such an impressive founder factory
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Fun thought experiment: can you think of people who were bearish Circle at $5B but bullish at $15B?
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Crypto curious and looking to jump in full-time? Our portfolio companies are hiring across the board - @blockaid_ - @turnkeyhq - @phantom - stealth stablecoin co - @dopplerprotocol - @truemarketsco And many more DM me if you're looking for your next thing
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More crypto companies going public would be a huge win because it likely expands the set of large-scale acquirers in the industry
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Circle IPOing probably got them a higher valuation than if they had launched a token
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