My VC learning from today - Discount Rate: Basically early investor Black Friday. You believed before it was cool, so you get the equity on sale 🛍️

My VC learning from today - Drag-Along Rights: When the majority of investors sell and everyone else gets emotionally kidnapped. ‘We’re all in this together,’ but make it legally binding ✨

My VC learning from today - Liquidation Preference: The rule that decides who gets paid first when the startup Titanic sinks. Spoiler: founders are the band playing till the end 🎻

Observation on what VCs say vs what they mean: 🗣 “We love the team.” 🧠 Translation: “We don’t get the product, but y’all give main character energy.”

My VC learning from today - Convertible Notes: A short-term loan pretending it’s ‘not that deep.’ Basically a loan that hits you back later saying, ‘btw, I own part of your company now.’ 💅

Observation on what VCs say vs what they mean: 🗣 “Who’s leading the round?” 🧠 Translation: “Not us lol, we just came to vibe and maybe name-drop.

My VC learning from today: SAFEs are like the situationship phase of investing - no labels, just future trauma and equity Thanks for coming to my Ted Talk

a16z just led a $12.9M round for ZAR: a fintech bringing stablecoins to Pakistan's 100M unbanked adults through corner stores and kiosks. This is how companies conquer entire verticals in countries where inequality reigns. (thread)

There is no skill called "entrepreneurship." Study sales, building, psychology, and economics. The intersection is sufficient.

Who is BVNK, and why are Coinbase and Mastercard competing to buy this B2B stablecoin infrastructure startup for over $2.5 billion? Damn, things are moving fast.

Most businesses fail from indigestion, not starvation. They pursue every opportunity instead of the right opportunity.

uomi dropping their token tomorrow and honestly the ai blockchain space is getting spicy. layer 1 for ai agents? that's actually kinda fire ngl