If your investing thesis is none other than “next round will be led by big VC that just raised and needs to deploy,” then good luck. Seeing increasing levels of froth and little discipline in private markets - much more than public markets. Private markets from time to time enter a phase where it feels like a bunch of headless chickens chasing hot narratives who have the benefit of not being slapped into reality by the market in real time… For a while I’ve found public markets more interesting and continue to do most of my shopping there
@santiagoroel Please tell Scroll to revoke their points program, they were the one
@santiagoroel Do u have any plans to set up a group on @echodotxyz sir
@santiagoroel True. Public markets are so much fun.
@santiagoroel Take a look at @ocd_p2e. You'll be surprised, worth to research. Non-Funded, Open-source, Community-Driven. Over $400,000 Played and Distributed to winners, just 2 months from launch on Base. warpcast.com/tocd
@santiagoroel So far, Decentralized Launchpads are doing really well. The community has the chance to APE before VCs and it creates community.
@santiagoroel have we started hearing 'high fdv is a meme' yet
@santiagoroel VCs got caught offguard and realised that they are late to the party bidding every round up. They need to get those big VC rounds afterwards or high fdv launches to raise their next fund. Ramping up managment fee is the game.