Market Sell Off, State of Crypto VC & Why Your Coin Isn't Pumping
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I think there's a lot of disbelief right now. When I go talk to the VC investors, I'm seeing that a lot of them are now they think they're AI investors or they think they're fintech investors. They think they're SaaS investors. Right? Because I think the VCs are looking around and saying, I don't know what I can back in crypto anymore. And a lot of them have lost a lot of their just conviction around the future of this space.
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Hello. Another week. We've survived.
Still no Jason. I mean, who knows if we'll let him back? He's he's been begging to for us to let him back, but, you know, who knows if he'll if we'll let him. I mean, know, people should comment below the show on YouTube and and on on Twitter, and let us know if they want us to let Jason back, you know, or we can be benevolent. So
I mean, we should keep saying this, but we should have like a a polymarket around that. Just a sentiment goal to say, do you want Jason back or not?
Yeah. Will Jason come back and then you know, before the November before the December? You know? Who knows? Yeah.
What's going on? What's going on in your side of the world?
You know, so I'm I'm in I'm in Miami at a fintech conference where I was speaking about whether or not stablecoins are good or bad for banks, of which the the obvious answer is bad for banks in my mind, but, you know, it does it seems that not everybody agrees with that. But it is becoming increasingly clear to me that stablecoins are part of every single strategic conversation at every single company. You know, whether it's fintech, whether it's banking, whether it's technology, they're all thinking about what stablecoins are gonna do for their business. And so, you know, I come to these conf
Yeah. I I wrote that over the weekend. I hadn't really posted in in a while. But I was reading an LP letter, and they were doing kind of evaluation analysis on Solana and Ethereum, and they're treating like staking rewards as part of value capture. And it's like, well, how do you define value capture? Is that revenue? Is that earnings? And a bit I felt it was misleading. And so I put it upon myself just kind of write out, okay, how do we value these things? And so so anyways, posted on Monday. I think it got a lot of responses. Surprisingly, many publicly from fund managers.
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