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BREAKING: BlackRock CEO Larry Fink - "we believe #
Bitcoin
is an asset class in itself."
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Wallets associated with Elon Musk's Tesla have moved $760 million worth of bitcoin (BTC) to unknown wallets 一 CoinDesk #cryptosolutions
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Cardinal sins of crypto VCs: 1. The multiple first-meetings: You meet with a partner or associate. The meeting goes well. They book another call with one of the other partners. The next call the partner has no idea who you are, wasn’t briefed, hasn’t read the notes, so you have another first meeting. Bonus points if this happens three or more times. 2. The rug pull A partner reaches out, heard you were raising, asks for a meeting. At the meeting the partner doesn’t show, sends associate instead. Bonus if this happens across multiple raises. 3. The anon You get an intro to a VC, they seem excited. Book a meeting. On the video call the VC is anon, with a Wassie pfp. Love having anon money on the cap table, I hear those investors are least crazy and most helpful. 4. The ghosting You meet with the VC multiple times, they ask a bunch of follow up questions. Ask for more data, financials, roadmap. Then suddenly nothing. Spoooooky. 4. The option You spend two weeks on meetings with a fund, answering questions and diligencing. Then you hear nothing for a while and you think you’ve got yourself a ghosting. Suddenly you get a “how’s the round coming along? Let’s jump on another call.” After the call, nothing again. Repeat a few more times. Ghosting? Nope, just farming a free option. 5. The bragging Thirty minute call with a partner. Spends 25 minutes talking about himself. 6. The farming Fund takes a meeting. Digs deep into the strategy, tech stack, analytics. Ghosts. A week later announces a round into a competitor. You’ve been farmed! 7. The derangement Thirty seconds into the meeting you’re pretty sure the VC is on stimulants. Things go downhill as they get increasingly belligerent and argue with everything you say. Wraps up with “let me know how I can be helpful” 8. The side quest The partner doesn’t understand anything about what you’re building. Spends the entire meeting convincing you to build a completely different business. Bonus points if they actually convince you. #cryptosolutions
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Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings. With these recent additions, Metaplanet now holds a total of 855.478 BTC, valued at $56.37 million using current BTC exchange rates. Throughout 2024, the company has steadily increased its bitcoin reserves, demonstrating a clear dedication to the leading cryptocurrency. Simon Gerovich, Metaplanet’s CEO, has shared his ambition of accumulating at least 1,000 BTC for the firm’s reserves. As the company continues to close in on that objective, it’s clear they are advancing swiftly toward this goal. #cryptosolutions $BTC
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BREAKING: According to Gleb, co-founder of Blum, 100,000 players got access to the new drop game in collaboration with $DOGS in rewards.
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BREAKING: According to Gleb, co-founder of Blum, 100,000 players got access to the new drop game in collaboration with $DOGS in reward. #cryptosolutions
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