The conditions for what made the “Hyperliquid playbook” possible are ~impossible to replicate. S tier gigabrain founders, with deep domain expertise from HFT, who independently already have the financial means to not need to raise VC *or* even use revenue to fund operations. Once in a generation type shit

building @revealcam | previously @perl, cofounder SBLY.com, eng at Stripe | alum South Park Commons | peter-kim.com

True, but among things is they follow the playbook for old school startup founding. Build domain expertise in a thing over a long period of time then eventually take that expertise and build something of your own there

Idek if this is a bullpost i just feel like CT villainizes raising outside capital but like it’s honestly very hard to build a generational company/protocol/chain without it

HL is the exception but ppl try to make it be the rule

degensub

Think standard stuff like
Binance. Perps. Etc. 

Why it was kinda a big deal farcaster got the hookup.

Geo blocking the US was good too. Keeps the fomo edge.

It’s like all the right qualities aligning together. If they raised, I doubt it’d have gone this smooth because yh were need to answer to their masters, VCs will likely dump and cause FUD or and the airdrop would’ve been lower as well