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atown
@atown
Late night thoughts https://scientific-chime-08a.notion.site/Manifesto-The-Death-of-Trad-VC-in-Crypto-and-the-Birth-of-the-Operator-Led-Incubator-1ae826b0a007804389e6fe865413f426
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ted (not lasso)
@ted
posting here for those who hate clicking through but want to read the 🔥 that you wrote
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atown
@atown
Curious what folks like @jesse think about this train of thought
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Jesse Walden
@jesse
Some reactions: 1/ we do alot of pre-seed investing, which is more often a bet on the team than a specific idea - I think that consistent with what you’re describing 2/ all for rapid experimentation and shipping, but do think focus is important (see Uniswap, Polymarket, etc) 3/ arguably the pace of crypto is fastest in the casino, where everyone is looking for shiny new things/alpha. if you want to win that game, then you’ve gotta keep it moving. No doubt, that is a way to make money and build a small business. Not sure it’s the best way to build a venture scale one.
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