Jeff Morris Jr. (@jmj) on Farcaster

Jeff Morris Jr.

@jmj

Managing Partner at Chapter One - www.chapterone.com - proud investor in Farcaster - Join /chapterone Follow me on Twitter: twitter.com/jmj

45Following 24KFollowers

ETHFI

One of the most underrated parts of building crypto companies is how efficient they can be compared to traditional fintech. Look at the Revolut vs Etherfi comparison across ARPU, # of employees, Rev/Employee. Incredible & hard to unsee.

$ETHFI

$16K 6h vol

$389.4M

1.49%

jmj

1mo

Prices are down, narrative is down. If you've been through a few cycles, you know that right now is the exact time to lock in.

119

jmj

5mo

One dynamic that makes crypto different from traditional startups: launch a token and you’re basically a public company. $ETHFI takes that responsibility seriously hosting regular analyst calls like any top-tier public co. One of the most disciplined teams in crypto. Excited to present on July 29th:

us06web.zoom.us

Welcome! You are invited to join a webinar: ETHFI Analyst Call - July 2025. After registering, you will receive a confirmation email about joining the webinar.

jmj

6mo

We co-led the ether.fi ($ETHFI) seed round in 2023 during the depths of the bear market. One of the best investments we’ve ever made. Chime is going public at a $11.2B valuation. ether.fi (2.5 years old) already has nearly the same deposit base, is growing faster, and is far more profitable. Invest when others are s...

jmj

7mo

I’ve spent years writing about software. But this is the essay I’d hand to any founder or investor trying to understand what’s next.

open.substack.com

When Software Buys Software

jmj

8mo

Wrote a piece this weekend - "The New Moat: Memory" Memory challenges the frequently repeated Silicon Valley belief that AI lacks defensibility. Spend five minutes at a Bay Area investor dinner and you'll hear that take. That was lazy thinking.

open.substack.com

The New Moat: Memory

137

jmj

10mo

Congrats @antonio & @spindl on the @coinbase acquisition! Antonio messaged me in 2022 saying he was starting a new company. I had admired his work for years. We became the “first investor” & they built a category leading product. Thanks for letting us be on this journey.

antonio

10mo

We’re ecstatic to announce that @spindl is joining @coinbase and the @base team to build the future of onchain advertising at the company that’s bringing the world onchain. https://blog.spindl.xyz/p/s...

jmj

2024 was a breakout year for the Chapter One crypto portfolio: Helius: #1 validator on Solana network. We co-led seed. Etherfi: 10b TVL. 4th largest Eth protocol. We co-led seed. Ondo Finance: RWA category leader. Highest FDV of any digital asset to launch in 2024.

jmj

I want someone to build a “bear market developer” scoreboard that shows the GitHub commit history of individual developers from 2022-2024. Something that shows who kept building during the hardest times.

jmj

Pretty wild there are 133M stablecoin holders — haven’t seen this data before. Another metric to arm yourself with when people say crypto has no PMF or real applications. “The number of stablecoin holders continues to rise, now sitting at 133M, led by USDT (81.7M holders) and BSC-USD (25.8M).”

jmj

People often ask when crypto products will finally take off. The breakout product of 2024 across the entire tech industry (not just crypto) was Polymarket — which started as a crypto product. Nobody credits crypto because it’s in the background. That was always the goal — fun & utility, not hype.

jmj

We've invested in 3 @hyperbolic rounds & lucky to be first fund to invest 2 years ago. Try them for GPU compute or inference. Their marketplace cuts GPU costs by 75% & partners include Hugging Face, Stanford, UC Berkeley, Nous Research.

Hyperbolic

@hyperbolic_labs

We're thrilled to announce that Hyperbolic has secured $20M in total funding with our Series A, led by Variant and Polychain Capital, to advance our mission of building verifiable, high-performance AI through an open, accessible ecosystem—making AI tools and services like compute… https://t.co/z1Vhrqu4DT

jmj

Hey @dwr — would you open source your OPML list so we can see which blogs you read?

jmj

dev

I've been working on this article for awhile and finally published it. I tried to answer the question: “Will consumers care if the software and content they consume online is created by a human?” I’d love to hear your thoughts—what do you think?

jeffmorrisjr.substack.com

The Handmade Internet

jmj

Congrats to @daylight on the round led by @usv. In 2022 we met @kyle & his methodical product ability impressed our team. We then co-led their pre-seed & they’ve exceeded every expectation since. They send weekly updates to investors & are always heads down. Special team.

kyle

@morley & I are excited to announce @daylight's $6M round led by @usv and co-led by @1kxnetwork! We are the “onchain for you” API that powers personalized recommendations in apps like Coinbase Wallet, MetaMask, Zerion and OKX Wallet. Our mission: grow onchain GDP. We are hiring!