"internet capital markets" were supposed to democratize funding, but instead they’ve turned capital into hyperliquid dopamine. founders can now have financially successful outcomes by spending most of their time and energy optimizing for hype cycles.

abundant money ≠ abundant progress

do you think this is the same pool of founders or a new pool of founders? ie. ephemeral app developers, small/mid-cap business founders, etc.

you could tell me this has always been the case, and i will tell you that just because a problem has existed previously doesn't justify making it exponentially worse

I think it's often even worse for the founders. even with millions in trading volume, you can get very few funds from fees to actually build (but maximum responsibility to boost the price of the token). this meta is optimized for traders/snipers.

they never were tho.

it was just a rebranding of memecoins for new vcs.

abundant money = abundant gambling 🤌