Yitong

@yitong

416 Following

168646 Followers

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For startups, i've basically stopped believing in the traditional design interview loop. My dream design interview loop: 1. 30m portfolio review 2. Onsite to produce eng-ready mock in a tiny area Everything else is just noise. Bonus: pick anything in the app, ship 1 PR to make it nicer.

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i wish i could block Facebreaker notifications T_T it's getting quite spammy. i get the viral growth hustle, but need some way on the receiving user end to mute these

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Reflecting on my time at Coinbase as a designer: The most visible thing I did was redesigning app homepage + shipping a new redesigned mobile app. The most valuable thing I did was designing a settings screen for withdrawal limits & new fraud models. Many lessons from this.

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Little known fact is that the ARR of all SaaS companies serving the crypto market summed together is less than $100M 😂, especially when you exclude service revenue / implementation fees that many companies are lowkey misrepresenting. If you rolled all of them up, you'd have a single growth stage company lol. Fireblocks, Chainalysis being the notable exceptions because they serve instos and governments.

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Topics I'd love to see: 1. Where will value capture happen in stablecoin stack 2. End game of the block space wars 3. Cover Coinbase's strategy like Ben covers Facebook/Apple 4. Where project tokens are going 5. Revisiting RWAs with upcoming regulatory clarity 6. Where tokenized equities make sense, where they don't

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there's a great opportunity for a serious business strategy substack for crypto. likely $500k – 1M per year solopreneur business. the competition is so weak and there's so much green field you'd only need to be 70% as good as stratechery to kill it.

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has anyone made an aspic lately? weirdly into these right now and am looking for some recipes!

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the most important thing i've learned this year is that most startups only have one important problem to figure out at a time. instead of improving the all functions generally, as a founder, your job is to correctly identify that one problem, and relentlessly work on it until it's solved

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it's been amazing to watch Hester Peirce & the SEC staff share progress every Thursday like clockwork since january. i genuinely wake up every Thursday excited to see the federal government at work. unbelievable!

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i would loooove for people to start cafes specifically targeted towards working. have wifi. charge differently. embrace coworking and make it fun. guaranteed you can foster a great vibe if you lean into it

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gm – we're starting a dinner club! it's something i've always wanted to do for a long time, so it's amazing to finally get this out in the world! yes, i will print a custom menu every time. dm to join the next one! https://x.com/HOAonchain/status/1922397053260292135

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not enough people appreciate the significance of this strategy imo

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Life pro tip - print a menu when you have guests over for dinner. Takes 5 mins and makes it way more fun! Also helpful to tape up in the kitchen during prep to get organized. Bonus points: buy yourself some card stock and a corner cutter to make it feel super nice

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I've come to increasingly believe that there are only two kinds of scale businesses that can hit escape velocity in crypto: 1. Trading supply chain tooling: exchanges, launchpads 2. Making a boring existing workflow faster: stablecoins literally everything else is TAM-constrained

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👀 huge alpha leak from the house financial services committee on the future of token regulation in the US. digesting now. tweet thread incoming https://agriculture.house.gov/uploadedfiles/tbaa_xml.pdf

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Flying out to nyc today for farcon. Very excited to see everyone irl!

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Imo one of the big opportunities in crypto right now is to figuring the new meta for project tokens. Current model of Seed → A → B → high fdv low float erc20 airdrop is broken and down only for 99% of projects. The naive solution of "just launch a liquid erc20 from the start" is likely incorrect. Having a low liquidity, tradable token creates the incentive for teams to turn their token price into the product. Imo correct approach balances: * Early onchain existence (have a token at seed) to integrate with onchain infra * Progressively more liquid in a controlled fashion (akin to secondaries) as project matures * Whole process is about as easy to manage as Carta I know this is a boomer take, but i just don't see 100x more companies wanting to go onchain if they have to enter the casino on day 1.

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yo @paragraph any chance for links on desktop not to open as a mini app modal? really want to read in a full page browser tab T_T ty ty!

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seeing lots of hate for the zora token because it doesn't grant any rights to holders imo this is good actually – we need more experimentation on what tokens mean, in all directions. not a memecoin, not a gov token, but an exciting new thing. bullish

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Snagged an early spot at eye level in a spot visible from the elevator door. At the rate the @haunventures team is going, I expect they’ll be putting hand prints on the ceiling this time next year!

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