Загрузка видео...

Не удалось загрузить видео

Возникла проблема при загрузке этого видео. Это может быть связано с временными проблемами сети или видео может быть недоступно.

На главную

Is crypto VC going extinct? "No, I think it's evolving." "If you rewind the clock back to 2021–2022, there were a lot more VCs who raised money on the idea that they were going to deploy into a crypto venture." "And the idea was that, well, anybody can do... show more

Dragonfly ＞|＜

1,520,768 subscribers

27,067 просмотров • 5 дней назад •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

Комментарии: 11

Фото профиля Russfranky

Russfranky4 дней назад

In a perfect world crypto replaces VCs.

Фото профиля Dragonfly ＞|＜

Dragonfly ＞|＜5 дней назад

Full interview via Bloomberg:

Фото профиля Sim

Sim5 дней назад

How does dragonfly add value that others don't? I've seen a lot of asking for money back from projects

Фото профиля defibagholder

defibagholder4 дней назад

wydm ur not giving me 20M for my NFT ?

Фото профиля Tuấn Kèo

Tuấn Kèo5 дней назад

dễ tiền vẫn còn, chỉ là chuyển sang mấy kèo meme và degen mới mà VC không với tới. họ mất nhịp với phần tiền thực đang chảy ở đó.

Фото профиля vøv △

vøv △5 дней назад

@hosseeb crypto vc died in 22, the survivors are actually doing the work

Фото профиля Theerat Nitaya

Theerat Nitaya4 дней назад

It's definitely getting more competitive and only the institutional players with real value add are left standing.

Фото профиля Dash🔶

Dash🔶5 дней назад

We BDs and founders need to evolve with the times we are in.

Фото профиля Leon

Leon5 дней назад

The tourist phase is over. Evolution is just a polite way of saying the filter is finally working. Only real operators left standing now.

Фото профиля sophia l.

sophia l.4 дней назад

Love this take

Фото профиля Soph n. ❀

Soph n. ❀4 дней назад

Well said!

Похожие видео

Threadguy explains why SpaceX money will never rotate back into crypto "Everyone thinks the people who made a fortune on SpaceX are going to take profits and rotate it into crypto. That's not what happens. The complete opposite happens." "If you put money very early into SpaceX and made a lot, you are now programmed to invest in bleeding-edge tech and venture. You're going to put that money into robotics, not crypto. Nobody who just made a billion dollars is shoving a meaningful amount into crypto. It's not happening."

Threadguy explains why SpaceX money will never rotate back into crypto "Everyone thinks the people who made a fortune on SpaceX are going to take profits and rotate it into crypto. That's not what happens. The complete opposite happens." "If you put money very early into SpaceX and made a lot, you are now programmed to invest in bleeding-edge tech and venture. You're going to put that money into robotics, not crypto. Nobody who just made a billion dollars is shoving a meaningful amount into crypto. It's not happening."

Kai

46,387 просмотров • 4 месяцев назад

Martin Masser from ChangeNOW says banks are running software from the 70s, and crypto is how they get out "I think there was a point where we did think we would replace the banks, but that was probably 12 years ago. I think now, working parallel." "I worked in a lot of these banking systems, and do you know what, now that you've doxxed your age, a lot of the software in the banks is older than you." "They've got these legacy systems in from the '70s, and they just can't get that out because so much of that is ingrained. So you're in banking and you've got software from the '80s, '90s, '70s in there. It's just not going to be as efficient." "I think what's really interesting for the stage that we're at is there's going to be so many more things that we can do with crypto within banking." "The amount of people that are on the banking floor trying to approve settlements is crazy. We can do that in crypto really easily." "So I'm actually finding a lot more banks now are open to integrating, and they are now integrating a lot of the software, a lot of the ideas." "And I think the key thing people maybe don't realize, banks have been involved in this space for a very long time. A lot of the times they've been doing pilots, proofs of concept, little trials." "But now we're starting to see the banks integrating a lot of these systems, because they just see so many efficiencies that are there now with this."

Martin Masser from ChangeNOW says banks are running software from the 70s, and crypto is how they get out "I think there was a point where we did think we would replace the banks, but that was probably 12 years ago. I think now, working parallel." "I worked in a lot of these banking systems, and do you know what, now that you've doxxed your age, a lot of the software in the banks is older than you." "They've got these legacy systems in from the '70s, and they just can't get that out because so much of that is ingrained. So you're in banking and you've got software from the '80s, '90s, '70s in there. It's just not going to be as efficient." "I think what's really interesting for the stage that we're at is there's going to be so many more things that we can do with crypto within banking." "The amount of people that are on the banking floor trying to approve settlements is crazy. We can do that in crypto really easily." "So I'm actually finding a lot more banks now are open to integrating, and they are now integrating a lot of the software, a lot of the ideas." "And I think the key thing people maybe don't realize, banks have been involved in this space for a very long time. A lot of the times they've been doing pilots, proofs of concept, little trials." "But now we're starting to see the banks integrating a lot of these systems, because they just see so many efficiencies that are there now with this."

The Wolf Of All Streets

27,235 просмотров • 24 дней назад

Martin Masser from ChangeNOW says the institutions that left crypto for AI are planning to come back "Are we going to have another alt season? Are alts going to be what they are? I don't know. I think there's a lot of confidence that's been taken out." "When was the last token launch you saw? Honestly, can you remember the last time we had a token launch?" "Even then, if we exclude meme coins, I think altcoins are definitely not what they were going to be." "I definitely think there is a lot more, I don't want to say adoption, but a lot more openness to these discussions. 3-4 years ago you'd just have the door slammed in your face." "Now it's X bank, Z bank, they're all wanting to integrate this software. And they're opening it up. All of these little integrations, like accepting stablecoins, that then makes the whole ecosystem stronger." "I'm not doing predictions, but a lot of the liquidity will flow back in to where we were. Speaking to a lot of these institutions, they've gone out of crypto into AI." "And they do feel that when AI sort of cools down, where's that money going to be coming back into? Is it going to be gold? Is it silver? Is it going to be crypto?" "A lot of them are like, we're just putting it out there for the IPOs and we're coming back. A lot of people have been saying that. So that gives me a lot of confidence." "And look, the biggest marketing you can have is a big green candle."

Martin Masser from ChangeNOW says the institutions that left crypto for AI are planning to come back "Are we going to have another alt season? Are alts going to be what they are? I don't know. I think there's a lot of confidence that's been taken out." "When was the last token launch you saw? Honestly, can you remember the last time we had a token launch?" "Even then, if we exclude meme coins, I think altcoins are definitely not what they were going to be." "I definitely think there is a lot more, I don't want to say adoption, but a lot more openness to these discussions. 3-4 years ago you'd just have the door slammed in your face." "Now it's X bank, Z bank, they're all wanting to integrate this software. And they're opening it up. All of these little integrations, like accepting stablecoins, that then makes the whole ecosystem stronger." "I'm not doing predictions, but a lot of the liquidity will flow back in to where we were. Speaking to a lot of these institutions, they've gone out of crypto into AI." "And they do feel that when AI sort of cools down, where's that money going to be coming back into? Is it going to be gold? Is it silver? Is it going to be crypto?" "A lot of them are like, we're just putting it out there for the IPOs and we're coming back. A lot of people have been saying that. So that gives me a lot of confidence." "And look, the biggest marketing you can have is a big green candle."

The Wolf Of All Streets

29,107 просмотров • 24 дней назад

Ansem says $VVV is one of the sleeper consumer app play in crypto "VVV is a sleeper consumer app play onchain. I think VVV is one of the sleeper plays in crypto" "They have like 4 million users right now. I think they just hit like $100 million annualized revenue" "VVV is one of the applications that has found breakout success and consumer success, which is extremely hard to do with customers that aren't even really crypto-native" "I think the narrative for them as uncensored AI is just great generally going forward" "For the same reason that Bitcoin made a ton of sense, like uncensored money, you should have uncensored access to AI, especially if AI is going to continue to get a lot more impressive over the years" "It's a great trade. It was a really strong leader this year. It went from $1 to $20" "Their numbers are fucking through the roof. They're crushing it" "I think it's rare that a crypto app is crushing it outside of crypto and also has a token attached to it. And the team is focused on delivering value to the token as well" "I like Venice a lot. There's not really much that they're competing with in the AI space right now in crypto"

Ansem says $VVV is one of the sleeper consumer app play in crypto "VVV is a sleeper consumer app play onchain. I think VVV is one of the sleeper plays in crypto" "They have like 4 million users right now. I think they just hit like $100 million annualized revenue" "VVV is one of the applications that has found breakout success and consumer success, which is extremely hard to do with customers that aren't even really crypto-native" "I think the narrative for them as uncensored AI is just great generally going forward" "For the same reason that Bitcoin made a ton of sense, like uncensored money, you should have uncensored access to AI, especially if AI is going to continue to get a lot more impressive over the years" "It's a great trade. It was a really strong leader this year. It went from $1 to $20" "Their numbers are fucking through the roof. They're crushing it" "I think it's rare that a crypto app is crushing it outside of crypto and also has a token attached to it. And the team is focused on delivering value to the token as well" "I like Venice a lot. There's not really much that they're competing with in the AI space right now in crypto"

Shadooow

17,144 просмотров • 1 месяц назад

Martin Masser from ChangeNOW says we overlook how many people get paid in USDT and Bitcoin because their currency won't hold "We have a lot of payments areas. We have a lot of travel companies, luxury goods items. People may want to accept crypto. If you have a website, maybe you want to be accepting payments in crypto." "We're very lucky where we are in the Western world, where we can use our Apple Pay. But there's many areas of the world where the currency is going up and down. What you get paid today is very different to what it's worth next week." "A lot of them do take stablecoins, and the amount of people I know that get USDT and Bitcoin as their main payments. This is something we really overlook. You go to many areas of the world, this is what a lot of them are doing." "How are they able to spend that? So there is now payments. Websites or companies can use that as an integration, so they can accept crypto payments, and then we look after all the ends of whatever they need, if they need it looked after or cashed out." "I think we really do overlook how many people actually utilise and hold crypto on a day-to-day basis. This isn't just price speculation." "This is really, look, I know I'm not going to be able to have the same amount of money in my pocket if I get paid in a local currency. And even sending it to partners and loved ones, this happens a lot."

Martin Masser from ChangeNOW says we overlook how many people get paid in USDT and Bitcoin because their currency won't hold "We have a lot of payments areas. We have a lot of travel companies, luxury goods items. People may want to accept crypto. If you have a website, maybe you want to be accepting payments in crypto." "We're very lucky where we are in the Western world, where we can use our Apple Pay. But there's many areas of the world where the currency is going up and down. What you get paid today is very different to what it's worth next week." "A lot of them do take stablecoins, and the amount of people I know that get USDT and Bitcoin as their main payments. This is something we really overlook. You go to many areas of the world, this is what a lot of them are doing." "How are they able to spend that? So there is now payments. Websites or companies can use that as an integration, so they can accept crypto payments, and then we look after all the ends of whatever they need, if they need it looked after or cashed out." "I think we really do overlook how many people actually utilise and hold crypto on a day-to-day basis. This isn't just price speculation." "This is really, look, I know I'm not going to be able to have the same amount of money in my pocket if I get paid in a local currency. And even sending it to partners and loved ones, this happens a lot."

The Wolf Of All Streets

34,368 просмотров • 24 дней назад

Trader Mayne highlights how Crypto desensitises you to money “Normies spent $12,000 and travelled to 9 different countries in 130 days. Meanwhile Crypto you put $12,000 into a meme coin, a NFT, it goes to zero and you’re just like this is just a normal day” “The money doesn’t feel real in Crypto. I’m sure many of you have felt this when talking to your friends who aren’t Crypto native, you say you put $25,000 into a meme coin and it went to zero and they’re like what?!” “There’s this disconnect because it’s numbers on a screen, it doesn’t feel real. Do not fall into the psyop of Crypto twitter that $5,000,000 isn’t enough to retire or that $100,000 isn’t a lot of money” “$10,000 is a lot of money to the vast majority of people. We get completely desensitised and sometimes you have to get out of this delusion and realise with $10,000 you can do a lot of cool stuff”

Trader Mayne highlights how Crypto desensitises you to money “Normies spent $12,000 and travelled to 9 different countries in 130 days. Meanwhile Crypto you put $12,000 into a meme coin, a NFT, it goes to zero and you’re just like this is just a normal day” “The money doesn’t feel real in Crypto. I’m sure many of you have felt this when talking to your friends who aren’t Crypto native, you say you put $25,000 into a meme coin and it went to zero and they’re like what?!” “There’s this disconnect because it’s numbers on a screen, it doesn’t feel real. Do not fall into the psyop of Crypto twitter that $5,000,000 isn’t enough to retire or that $100,000 isn’t a lot of money” “$10,000 is a lot of money to the vast majority of people. We get completely desensitised and sometimes you have to get out of this delusion and realise with $10,000 you can do a lot of cool stuff”

Jack

71,866 просмотров • 6 месяцев назад

The CIO of a crypto fund on what crypto actually added to trading: Tom Costello explains: "Crypto is a bunch of super, super, super smart guys cosplaying at finance." "It was built for retail. It wasn't built for institutions." "The easiest money in finance is taking money from retail. That's where you have the biggest information advantage — they don't really know what's going on." "If you know even a little about what's really going on, it's easy to find somebody who's wrong. That's most of the crypto space." "There are a lot of great, innovative ideas in crypto. A lot will produce real efficiency. But it's not going to be in trading." "No new trading ideas in there. None that won't end up with somebody in prison."

The CIO of a crypto fund on what crypto actually added to trading: Tom Costello explains: "Crypto is a bunch of super, super, super smart guys cosplaying at finance." "It was built for retail. It wasn't built for institutions." "The easiest money in finance is taking money from retail. That's where you have the biggest information advantage — they don't really know what's going on." "If you know even a little about what's really going on, it's easy to find somebody who's wrong. That's most of the crypto space." "There are a lot of great, innovative ideas in crypto. A lot will produce real efficiency. But it's not going to be in trading." "No new trading ideas in there. None that won't end up with somebody in prison."

Ethan Kho

36,835 просмотров • 4 месяцев назад

Mark Cuban: OpenAI is shitting away their money. They'll never get a return on that trillion dollar spend. "There's a lot of FUD being put out about the spending. We're going to spend a trillion dollars because we need all this data center capacity. Well, the data center, the ability to process is going to get faster, cheaper" "I think a lot of the numbers that they're throwing out there aren't going to come to fruition, which is why I say they're full of shit" "We don't know if the business of foundational models is going to be like the streaming industry where there's one leader and a bunch of players that make money, or some that make money at least, or search where there's effectively one company" "So they need to raise all the money, go all in and spend everything they can, kiss all the rings around the world in hopes of being the one" "It's going to be very difficult, but I don't think it's going to pay off the way they expect" "They're pissing away the money at scale. It's hard to do, right? But if you don't go all in like that, you can't keep on raising money."

Mark Cuban: OpenAI is shitting away their money. They'll never get a return on that trillion dollar spend. "There's a lot of FUD being put out about the spending. We're going to spend a trillion dollars because we need all this data center capacity. Well, the data center, the ability to process is going to get faster, cheaper" "I think a lot of the numbers that they're throwing out there aren't going to come to fruition, which is why I say they're full of shit" "We don't know if the business of foundational models is going to be like the streaming industry where there's one leader and a bunch of players that make money, or some that make money at least, or search where there's effectively one company" "So they need to raise all the money, go all in and spend everything they can, kiss all the rings around the world in hopes of being the one" "It's going to be very difficult, but I don't think it's going to pay off the way they expect" "They're pissing away the money at scale. It's hard to do, right? But if you don't go all in like that, you can't keep on raising money."

Brad

92,187 просмотров • 3 месяцев назад

Wes Edens was asked about the health of the fanbase after there were a lot of empty seats at Fiserv last season: "Wisconsin fans are fanatical sports fans. Everything kinda goes through a cycle. Obviously when you're winning 60 games a year, it's not hard to fill up your stadium. When you win less than that, it's a little more challenging. But, we've made big investments not just to the arena, but all the programming with it to create the best entertainment that we can. People spend a lot of money to come out on a Tuesday night in February. We want them to feel like they've had the best experience they can, not just on the court but off and all that goes into it". "I really believe that fans are very intelligent and are very authentic. If you're authentic, they really respond to that, and you don't have to win 75 games to have the arena full again. I feel like we're going to have a really good year on the court and I think we're going to have a good year off the court as well".

Wes Edens was asked about the health of the fanbase after there were a lot of empty seats at Fiserv last season: "Wisconsin fans are fanatical sports fans. Everything kinda goes through a cycle. Obviously when you're winning 60 games a year, it's not hard to fill up your stadium. When you win less than that, it's a little more challenging. But, we've made big investments not just to the arena, but all the programming with it to create the best entertainment that we can. People spend a lot of money to come out on a Tuesday night in February. We want them to feel like they've had the best experience they can, not just on the court but off and all that goes into it". "I really believe that fans are very intelligent and are very authentic. If you're authentic, they really respond to that, and you don't have to win 75 games to have the arena full again. I feel like we're going to have a really good year on the court and I think we're going to have a good year off the court as well".

Bucks Lead

20,859 просмотров • 16 дней назад

"F1 has become very popular. what do you think about this change?" lando: "formula one in 2019 was just a very closed sport. you really didn't see much about the people, the drivers, the mechanics, the engineers. you really just saw the show on tv. you saw the racing, and really that was about it. now formula one is a lot more open. there's a lot more fans in the races and paddock. everything i do now, people see. it's on tv, netflix, different series, youtube, it's on every piece of social media, which allows it to grow in a much better way. and i think you see some more fans now that love the people, they love the drivers. they can understand more and relate more to the personalities of each driver in formula one. because it was a very male dominated sport. now most of my fans actually are female and that's an amazing thing that we're able to attract and bring in a younger generation, because they are the future of formula one, and also more variation. so it's a pleasure to be part of that journey"

"F1 has become very popular. what do you think about this change?" lando: "formula one in 2019 was just a very closed sport. you really didn't see much about the people, the drivers, the mechanics, the engineers. you really just saw the show on tv. you saw the racing, and really that was about it. now formula one is a lot more open. there's a lot more fans in the races and paddock. everything i do now, people see. it's on tv, netflix, different series, youtube, it's on every piece of social media, which allows it to grow in a much better way. and i think you see some more fans now that love the people, they love the drivers. they can understand more and relate more to the personalities of each driver in formula one. because it was a very male dominated sport. now most of my fans actually are female and that's an amazing thing that we're able to attract and bring in a younger generation, because they are the future of formula one, and also more variation. so it's a pleasure to be part of that journey"

ray

28,864 просмотров • 3 месяцев назад

"Do I think we're in a bubble? 100%. Do I think we're going to get a 30 to 50% drawdown at some point next year? Yes. But do I think you can make a lot of money between now and then... I think the answer to that is also yes." 🎙️ Dan Niles

"Do I think we're in a bubble? 100%. Do I think we're going to get a 30 to 50% drawdown at some point next year? Yes. But do I think you can make a lot of money between now and then... I think the answer to that is also yes." 🎙️ Dan Niles

RiskReversal Media

106,425 просмотров • 4 месяцев назад

Replit co-founder and CEO Amjad Masad says many startups begin as premature optimization: founders raise money for ideas they don't care about. "I think a lot of starting startups is premature optimization. I see it in a lot of kids now, where they're part of a group and a lot of their friends are raising a lot of money, and some of them are becoming unicorns." "The motivation becomes envy, a really negative motivation as opposed to a positive one." "They pre-commit to an idea they're not even interested in, raise money for it, and start pre-optimizing for some path that they haven't really reached yet. That's why I always come back to this idea of curiosity. What is actually driving you?" "Once you find that idea that you want to dedicate your life to, or dedicate the next 10 years to, it's going to have such gravity that you're not going to be able to avoid it." "I actively tried not to start Replit, but it exploded into a startup on its own. That's the feeling you should get: 'I guess I have to do it,' because there's so much momentum behind it." "There's a predatory thing I've heard that happens right now where VCs go to Stanford students and give them a million dollars pre-idea... It's like the music industry... You're taking this young person and pre-committing them to something they shouldn't have committed to." Amjad Masad

Replit co-founder and CEO Amjad Masad says many startups begin as premature optimization: founders raise money for ideas they don't care about. "I think a lot of starting startups is premature optimization. I see it in a lot of kids now, where they're part of a group and a lot of their friends are raising a lot of money, and some of them are becoming unicorns." "The motivation becomes envy, a really negative motivation as opposed to a positive one." "They pre-commit to an idea they're not even interested in, raise money for it, and start pre-optimizing for some path that they haven't really reached yet. That's why I always come back to this idea of curiosity. What is actually driving you?" "Once you find that idea that you want to dedicate your life to, or dedicate the next 10 years to, it's going to have such gravity that you're not going to be able to avoid it." "I actively tried not to start Replit, but it exploded into a startup on its own. That's the feeling you should get: 'I guess I have to do it,' because there's so much momentum behind it." "There's a predatory thing I've heard that happens right now where VCs go to Stanford students and give them a million dollars pre-idea... It's like the music industry... You're taking this young person and pre-committing them to something they shouldn't have committed to." Amjad Masad

a16z

35,977 просмотров • 21 дней назад

Awesome to sit down with Inversion founder Santiago R Santos at TOKEN2049 last week. This one meant a lot. Santi was my first ever guest on Risk Takers, and I was SO nervous for that first interview. Seeing how much I've grown since then nicely closed the circle on my first year interviewing some of the biggest names in crypto and finance. "It was almost irresponsible not to think about, wow, there's vastly more opportunity here relative to crypto." What we spoke about: - is the four-year crypto cycle still a thing - which crypto protocols actually make money - can OpenAI and Anthropic fund the AI build-out - why big tech is happy to borrow at 9-10% to build AI - where to invest in AI without picking the winning model - why Inversion swapped crypto for AI - the businesses AI agents put under pressure first THE CYCLE: "I think this idea of like a four-year cycle or thinking about in cycles is largely irrelevant... every year of the last couple of years has started off feeling like it's going to end. Like p(doom) has been high at the beginning of the year. And then somehow the market's up like 15, 20% and we're hitting all time high." WHERE CRYPTO MAKES MONEY: "There's only a handful of crypto companies that have really outperformed, you know, Hyperliquid, some of the other Hyperliquid type like perpetual exchanges... And then there's a whole segment that is just not interesting... Yes, I invested early on, so I'm talking my book a little bit." AI DEBT: "If someone is willing to raise and borrow money at 9%, 10%, they're doing the math on the back and saying, there's a great return to that investment. And that just, in my opinion, tells you the spread that these guys are capturing with these products." POWER AND MEMORY: "In the stack of AI that I want to be invested in, feel more comfortable, it's in power and it's in memory... Most of the memory guys are totally sold out for the next couple of years... It's almost like a drug trade. It's like I know a guy that knows a guy that can get me the chips." THE BIG WAVE: "There's a trillion dollars of AI CapEx that is going to be deployed in the next couple years. Every year... Do you want to be riding a small wave or do you want to be riding a big wave?" BANKS AND INSURERS: "Businesses that you definitely don't want to be investing behind, which is businesses that have made money on basically banking on less intelligence. And a lot of that is just banks, for instance, financial institutions, insurance companies... If your flight gets delayed, you're owed $600 by regulation... Now it's worth your time because you can deploy an agent for very little cost." Timestamps: 0:00 Coming up 1:05 Where crypto markets go next 3:21 Where crypto makes real money 6:38 What investors pay for crypto revenue 9:54 Is Nvidia still cheap? 12:31 Can OpenAI and Anthropic fund AI? 17:07 Borrowing billions to build AI 18:53 AI's need for power and memory 23:08 Can AI get cheap like Ethereum? 27:38 Is AI being sold below cost? 32:02 Can any AI lab stay ahead? 36:15 Why Inversion swapped crypto for AI 40:11 Crypto returns against stocks and bonds 42:47 Businesses built on customer confusion

Awesome to sit down with Inversion founder Santiago R Santos at TOKEN2049 last week. This one meant a lot. Santi was my first ever guest on Risk Takers, and I was SO nervous for that first interview. Seeing how much I've grown since then nicely closed the circle on my first year interviewing some of the biggest names in crypto and finance. "It was almost irresponsible not to think about, wow, there's vastly more opportunity here relative to crypto." What we spoke about: - is the four-year crypto cycle still a thing - which crypto protocols actually make money - can OpenAI and Anthropic fund the AI build-out - why big tech is happy to borrow at 9-10% to build AI - where to invest in AI without picking the winning model - why Inversion swapped crypto for AI - the businesses AI agents put under pressure first THE CYCLE: "I think this idea of like a four-year cycle or thinking about in cycles is largely irrelevant... every year of the last couple of years has started off feeling like it's going to end. Like p(doom) has been high at the beginning of the year. And then somehow the market's up like 15, 20% and we're hitting all time high." WHERE CRYPTO MAKES MONEY: "There's only a handful of crypto companies that have really outperformed, you know, Hyperliquid, some of the other Hyperliquid type like perpetual exchanges... And then there's a whole segment that is just not interesting... Yes, I invested early on, so I'm talking my book a little bit." AI DEBT: "If someone is willing to raise and borrow money at 9%, 10%, they're doing the math on the back and saying, there's a great return to that investment. And that just, in my opinion, tells you the spread that these guys are capturing with these products." POWER AND MEMORY: "In the stack of AI that I want to be invested in, feel more comfortable, it's in power and it's in memory... Most of the memory guys are totally sold out for the next couple of years... It's almost like a drug trade. It's like I know a guy that knows a guy that can get me the chips." THE BIG WAVE: "There's a trillion dollars of AI CapEx that is going to be deployed in the next couple years. Every year... Do you want to be riding a small wave or do you want to be riding a big wave?" BANKS AND INSURERS: "Businesses that you definitely don't want to be investing behind, which is businesses that have made money on basically banking on less intelligence. And a lot of that is just banks, for instance, financial institutions, insurance companies... If your flight gets delayed, you're owed $600 by regulation... Now it's worth your time because you can deploy an agent for very little cost." Timestamps: 0:00 Coming up 1:05 Where crypto markets go next 3:21 Where crypto makes real money 6:38 What investors pay for crypto revenue 9:54 Is Nvidia still cheap? 12:31 Can OpenAI and Anthropic fund AI? 17:07 Borrowing billions to build AI 18:53 AI's need for power and memory 23:08 Can AI get cheap like Ethereum? 27:38 Is AI being sold below cost? 32:02 Can any AI lab stay ahead? 36:15 Why Inversion swapped crypto for AI 40:11 Crypto returns against stocks and bonds 42:47 Businesses built on customer confusion

Alessandro

13,143 просмотров • 2 дней назад

"I'm talking to founders like, things look really good for you, what's going on, and it's like, yeah we have users, we just don't make any money on them" Offchain CEO Steven Goldfeder on why having users is no longer enough "We have a strong ecosystem team tracking projects. There's a lot, so not every project, but certainly a bunch. We're seeing massive consolidation everywhere. What I track probably more than that is one level up, Arbitrum versus its competitors, where we've also seen massive consolidation. I think it's healthy, probably a good thing ultimately" "There was so much capital in crypto, and the idea was you don't have to think about revenues, just put this thing out, make it open source, get people to use it, launch a token, and that's going to save everyone. I think we're coming very much back to reality. Some of the projects we're seeing shut down, I'm talking to founders like, things look really good for you, what's going on, and it's like, yeah we have users, we just don't make any money on them" "Back in the day having users was sufficient for the token price, your users would buy the token, that was how they paid you. Those times are well gone. Now revenue is actually important, and ultimately I think it's healthy"

"I'm talking to founders like, things look really good for you, what's going on, and it's like, yeah we have users, we just don't make any money on them" Offchain CEO Steven Goldfeder on why having users is no longer enough "We have a strong ecosystem team tracking projects. There's a lot, so not every project, but certainly a bunch. We're seeing massive consolidation everywhere. What I track probably more than that is one level up, Arbitrum versus its competitors, where we've also seen massive consolidation. I think it's healthy, probably a good thing ultimately" "There was so much capital in crypto, and the idea was you don't have to think about revenues, just put this thing out, make it open source, get people to use it, launch a token, and that's going to save everyone. I think we're coming very much back to reality. Some of the projects we're seeing shut down, I'm talking to founders like, things look really good for you, what's going on, and it's like, yeah we have users, we just don't make any money on them" "Back in the day having users was sufficient for the token price, your users would buy the token, that was how they paid you. Those times are well gone. Now revenue is actually important, and ultimately I think it's healthy"

Laura Shin

12,690 просмотров • 2 месяцев назад

Binance CEO CZ 🔶 BNB says the crypto industry is too transparent: "I think right now the crypto industry is too transparent. It's actually extremely easy to track crypto funds. The blockchain is a public ledger. If you couple that with a few centralized exchanges, KYC information, you can track most of the transactions pretty accurately. So I think right now there's a lack of preserving of privacy." "For example, if your company pays everybody in crypto and if you get one payment today on the blockchain, you can just trace to the address that paid you and see how many addresses that address paid in the last week, then you can figure out everybody's salary. That's a privacy issue." "Another example, if you pay for a hotel [in crypto], then people will know that you're going to stay at that hotel, which for some people may create security issues. So there's little problems like those that are not solved yet."

Binance CEO CZ 🔶 BNB says the crypto industry is too transparent: "I think right now the crypto industry is too transparent. It's actually extremely easy to track crypto funds. The blockchain is a public ledger. If you couple that with a few centralized exchanges, KYC information, you can track most of the transactions pretty accurately. So I think right now there's a lack of preserving of privacy." "For example, if your company pays everybody in crypto and if you get one payment today on the blockchain, you can just trace to the address that paid you and see how many addresses that address paid in the last week, then you can figure out everybody's salary. That's a privacy issue." "Another example, if you pay for a hotel [in crypto], then people will know that you're going to stay at that hotel, which for some people may create security issues. So there's little problems like those that are not solved yet."

TBPN

495,210 просмотров • 6 месяцев назад

ELON: I ENSURE GREAT ENGINEERS CAN FLOURISH AT MY COMPANIES “I consider one of my core responsibilities in running companies to have an environment where great engineers can flourish. And I think in a lot of companies, maybe most companies, if somebody is a really talented, driven engineer, their talents are suppressed. At some of the companies, engineering talent is suppressed in a way that is maybe not obviously bad, but where it's just so comfortable, and you're paid so much money, but the output you actually have to produce is so low that it's like a honey trap. They don't necessarily seem like bad places for engineers, but you have to say, a good engineer went in and what did they get out? The output of that engineering talent seems very low. Tesla is not a honey trap. We're demanding. You're going to get a lot of shit done. And it's going to be really cool, and it's not going to be easy. But if you are a super-talented engineer, your talents will be used, I think, to a greater degree than anywhere else. SpaceX is also that way.” Source: Tesla AI Day, September 2022

ELON: I ENSURE GREAT ENGINEERS CAN FLOURISH AT MY COMPANIES “I consider one of my core responsibilities in running companies to have an environment where great engineers can flourish. And I think in a lot of companies, maybe most companies, if somebody is a really talented, driven engineer, their talents are suppressed. At some of the companies, engineering talent is suppressed in a way that is maybe not obviously bad, but where it's just so comfortable, and you're paid so much money, but the output you actually have to produce is so low that it's like a honey trap. They don't necessarily seem like bad places for engineers, but you have to say, a good engineer went in and what did they get out? The output of that engineering talent seems very low. Tesla is not a honey trap. We're demanding. You're going to get a lot of shit done. And it's going to be really cool, and it's not going to be easy. But if you are a super-talented engineer, your talents will be used, I think, to a greater degree than anywhere else. SpaceX is also that way.” Source: Tesla AI Day, September 2022

Mario Nawfal

20,354,729 просмотров • 2 лет назад

I have a friend who doesn't read anything published in the past 50 years, and the more I think about it, the more I think he's onto something. The reason is that time is the best filter we have for quality. People are bad at judging quality in the moment but very good at getting rid of junk over time. — — "History is not very good at capturing all that is great in art. It is not good at that. There are many great symphonies that have been lost permanently, there are many great painters that died unknown and their paintings are gone, there's novels that have been written that no one will ever read. So history is not good at capturing all this great art. But history is very good at discarding all that is mediocre. And the amount of time that that takes, it's something like 50 years. So over the course of 50 years, what will happen is a lot of stuff that was prominent will be re-filtered and re-filtered and re-filtered, and you'll end up with a smaller group of things which have survived that test of time. So if you think about it right now, if you go back and look at the bestseller lists for 1974, 1973, there's a lot of that that would have been highly regarded at the time, which people do not read anymore for a variety of reasons, and there's some that has survived, and that's a very telling distinction. So in a world where I'm turning 60 this year, you have a limited amount of time, all four of us have active lives, we want to make sure that if we're going to sit down, we're going to read carefully, we're going to meet and we're going to discuss it in detail, we want to make sure that the work is rewarding. And the best way to ensure that is by drawing from the past." amor towles

I have a friend who doesn't read anything published in the past 50 years, and the more I think about it, the more I think he's onto something. The reason is that time is the best filter we have for quality. People are bad at judging quality in the moment but very good at getting rid of junk over time. — — "History is not very good at capturing all that is great in art. It is not good at that. There are many great symphonies that have been lost permanently, there are many great painters that died unknown and their paintings are gone, there's novels that have been written that no one will ever read. So history is not good at capturing all this great art. But history is very good at discarding all that is mediocre. And the amount of time that that takes, it's something like 50 years. So over the course of 50 years, what will happen is a lot of stuff that was prominent will be re-filtered and re-filtered and re-filtered, and you'll end up with a smaller group of things which have survived that test of time. So if you think about it right now, if you go back and look at the bestseller lists for 1974, 1973, there's a lot of that that would have been highly regarded at the time, which people do not read anymore for a variety of reasons, and there's some that has survived, and that's a very telling distinction. So in a world where I'm turning 60 this year, you have a limited amount of time, all four of us have active lives, we want to make sure that if we're going to sit down, we're going to read carefully, we're going to meet and we're going to discuss it in detail, we want to make sure that the work is rewarding. And the best way to ensure that is by drawing from the past." amor towles

David Perell

86,765 просмотров • 1 год назад

"If you're an investor, why are you not focused on investing in things that have America's interests at heart?" kuz discusses why he’s a major proponent of American Dynamism: "You think about space and defense and where we're at in the world, and our counterparts are focused on space, getting to the moon, and satellites. Whoever rules space is probably going to rule the world." "There's a lot of things that can really go wrong if we're not focused on preserving America."

"If you're an investor, why are you not focused on investing in things that have America's interests at heart?" kuz discusses why he’s a major proponent of American Dynamism: "You think about space and defense and where we're at in the world, and our counterparts are focused on space, getting to the moon, and satellites. Whoever rules space is probably going to rule the world." "There's a lot of things that can really go wrong if we're not focused on preserving America."

TBPN

131,287 просмотров • 4 месяцев назад

🚨 NOW: President Trump takes huge VICTORY LAP on the success of Space Force — which some Democrats MOCKED Space Force is now vastly improving the accuracy of our weapons on the ground. And we're leading China and Russia, easily 🔥 "I'm very proud of the Space Force because that was a branch that a new one that came up, and we were losing to Russia and to China in space." "Space Force is now leading the other countries, China, Russia, and there is no fourth, really, and leading them by, we saw numbers the other day, leading, we're leading in space by so much it's, we're never going to be caught. So I'm very proud of Space Force!" "I think it's going to be one of our most important as time goes by. A lot of the things that you see, a lot of the accuracy of the weapons is caused because of what we created with Space Force, so we're very proud of that."

🚨 NOW: President Trump takes huge VICTORY LAP on the success of Space Force — which some Democrats MOCKED Space Force is now vastly improving the accuracy of our weapons on the ground. And we're leading China and Russia, easily 🔥 "I'm very proud of the Space Force because that was a branch that a new one that came up, and we were losing to Russia and to China in space." "Space Force is now leading the other countries, China, Russia, and there is no fourth, really, and leading them by, we saw numbers the other day, leading, we're leading in space by so much it's, we're never going to be caught. So I'm very proud of Space Force!" "I think it's going to be one of our most important as time goes by. A lot of the things that you see, a lot of the accuracy of the weapons is caused because of what we created with Space Force, so we're very proud of that."

Eric Daugherty

15,034 просмотров • 5 месяцев назад

What is Monad, and what makes it different? “When I first met (Monad Co-Founder) Keone, the idea for Monad was something that I was sort of waiting for somebody to come along and tell me that they were going to do. Almost every single implementation that is EVM-compatible today is a fork of Geth. Why are they all forks of Geth? The answer is because it’s really scary to rebuild the EVM. If you have a bug, if you mess up… like it’s just a nightmare scenario, right? And you guys obviously know this because you guys spent the last three years building the EVM from the ground up. And somebody’s going to do that. I’ve been saying this, writing this, talking about this, and nobody was really doing this. And then Keone showed up and told me, ‘I’m going to do that.’ And I said, ‘I want to invest. I think this is going to be huge. I think this is going to be one of the most important things that happens for the EVM in its history since the launch of Ethereum… Now it’s a pretty obvious idea. Monad is here to do it the biggest way, very much the right way. From everything that I’ve seen and all the projects trying to do this. I think Monad is the most serious. They have the most firepower. They have the most momentum. They have the biggest talent pool among everybody who believes that that right there is the future of Ethereum.” - Haseeb Qureshi ＞|＜

What is Monad, and what makes it different? “When I first met (Monad Co-Founder) Keone, the idea for Monad was something that I was sort of waiting for somebody to come along and tell me that they were going to do. Almost every single implementation that is EVM-compatible today is a fork of Geth. Why are they all forks of Geth? The answer is because it’s really scary to rebuild the EVM. If you have a bug, if you mess up… like it’s just a nightmare scenario, right? And you guys obviously know this because you guys spent the last three years building the EVM from the ground up. And somebody’s going to do that. I’ve been saying this, writing this, talking about this, and nobody was really doing this. And then Keone showed up and told me, ‘I’m going to do that.’ And I said, ‘I want to invest. I think this is going to be huge. I think this is going to be one of the most important things that happens for the EVM in its history since the launch of Ethereum… Now it’s a pretty obvious idea. Monad is here to do it the biggest way, very much the right way. From everything that I’ve seen and all the projects trying to do this. I think Monad is the most serious. They have the most firepower. They have the most momentum. They have the biggest talent pool among everybody who believes that that right there is the future of Ethereum.” - Haseeb Qureshi ＞|＜

The Pipeline

14,350 просмотров • 9 месяцев назад