venturecapital

What's one question you have about venture capital?

BAE - Ben’s Channel

Out sick. If I owe you a response to something, thanks for your patience.

Humankind Candles

🕯️they/them, candlemaker at https://humankind.place

I’m so proud that you did the IRL pop up. It sounds like it’s been amazing and lots of leanings especially about how people feel about the candles. I especially loved the story of the couple who came back. My friend is getting that milk bread candle because she tells me she still dreams about it. She kept the bag it came in because it smelled so good and I’m
Going to get a wax melter so I can make the last 20% last even longer. As a migraineur I’m terrified of smells so I took a chance with your candles. Most trigger
Migraines. Yours DO NOT because they are wonderful and not full of shitty chemicals.  I will be a customer forever. Fuck all other candles and non wooden wicks.

Founders

Mint Chinese Dance by Tchaikovsky. 
It took me 24 years to make it sound so fun and easy 😁 https://zora.co/collect/zora:0x19e96d4d7fa371f0926e8c9e7c5c9031cc203f01/2?referrer=0xCb4328Df3a5A6522BF41fD4Ab1E720CffC2a1F76

A good reminder for all the founders grinding on a Sunday: hard work and earned wisdom accumulate over time.

Also, mint this video by @katekornish

Classical musician and educator with psychology qualification. Teaching and playing worldwide. https://paragraph.xyz/@katekornish https://zora.co/@katekornish

Nature

At a holiday dinner with 20+ people, @proxystudio.eth and I are the only founders. Everyone else VCs. Like shark tank. Proxy is talking loudly about the IRS

theitinerant

Experiment 2: Using @atlas + human-in-the-loop to curate information on a monthly basis.

⭐ It's Day 1 of the /humankind advent calendar! 

I'm fundraising via /fabric for Shelter Movers, a national charity I volunteer with. We help survivors of gender-based and family violence transition to a better, safer life. 

/humankind and the /fabric team are raffling off 5 Sams Candle Club Hypersubs for anyone who donates! Donate below ⬇️

https://crowdfi.withfabric.xyz/campaign/humankind-in-action-support-shelter-movers-6hchgsy7t2bk

Don't sleep on this one - big things happening with onchain commerce. 

(The candles are also pretty good and @samantha is alright I guess 😉 )

Ecosystem Pulse Check:  Web3 Startup Salaries (by stage) - ANONYMOUS

Economics

Startup fundraising in 2024 compared to last year. It has been a tough year for early stage companies and good for late stage companies

Capital deployment is trending in an encouraging direction.

The late stage financings are carrying it though, and that's out of necessity since IPO market is still cold.

july

"When the whole world is running towards a cliff, he who is running in the opposite direction appears to have lost his mind." – C.S. Lewis.

Pattern matching isn't perfect. 

Do you have a framework to identify outliers that have been passed over?

Learning how to configure custom agents and work effectively with them is the 2024 version of learning how to type.

Investing

Thoughts? https://x.com/boredelonmusk/status/1852835960956031269?s=46

Topic: Web3 Organizational Models

I sketched something out post-turkey dinner. Tell me where the gaps are in the logic. 

For example, ETH and BTC don't fit this framework, but I'd argue they're outliers in today's web3 economy. The counterpoint to this would be that they're just further along their growth journey, as demonstrated by the market cap and how old they are, and other projects will get there eventually.

Building something new. 🟪 Host: /venturecapital /adventures /theitinerant

Ben - [C/x]

@benersing