Husband | VP Defense Strategy @darkhive | reserve officer @usarmy | lifelong learner & leader | alum @harvardHBS @westpoint_USMA
490 Followers
Sun is out in Boston. Spring is (finally) here! (but it is New England so it is still 40 degrees and windy)
The amount of people that have “Web3 for 7 years” or “crypto class on ‘21” in their bio and are asking “what is Neynar” today is pretty telling.
Meanwhile on the other app. I’m genuinely confused by this btw. Are dwarves (ie Gimli) good or bad in this context?
a16z reportedly closing in on another ~$7B in fresh LP capital, to close in April Highlights include: - About ~$3.5B to their growth fund - ~$500m-1B to various sector-specific funds, including AI & American Dynamism - ~$600m to their games fund https://www.axios.com/2024/03/06/andreessen-horowitz-7-billion-fundraise
Achieving meaningful returns in venture is hard. Achieving outsized returns (3x or greater TVPI [total value to paid in] by many definitions) is very rare. CalPERS is one of the largest investors in the world & has access to the best venture funds you can think of. Their mean TVPI was 1.57 over a decade ('99 - '09).
Is $DEGEN the meme coin of @farcaster? Asking for a friend, NFA, etc. etc.
Fantastic few days off with the family. Great way to reset!