Honestly lately have been feeling less interested in crypto and more interested in other hard/frontier tech industries. I don’t even think it’s a market thing because I was very interested all throughout this last bear. It just doesn’t feel as intellectually stimulating anymore personally, even if I am just as bullish. I find myself more drawn to craft and innovation in the world of atoms

I think this is consistent with trends in fintech through the 2010s. For a few years, everyone wanted to invest in or work at companies like Stripe or Plaid or Marqeta. Over time, innovation began to slow because the core breakthrough innovations had already been built. Fintech is no longer the “hot” industry but it underpins a wide range of important products ranging from Airbnb to Chime. I view crypto in a very similar way. It was the game changing new technology for a few years and now it has become more normalized. It doesn’t at all diminish its impact, but changes the set of people who work on the problem.

Spent the weekend talking to dozens of founders at YC alumni reunions and realized that we’re in the middle of an inflection for hard-tech companies. (10% of the recent batch of 240 startups are in hard-tech)

Sharing some thoughts on why this is happening below ⬇️

Also personally very bullish on hard tech all while building in crypto:

Building @frens | @orangedao | @a16zcrypto CSS

Also personally very bullish on hard tech all while building in crypto:

https://warpcast.com/bli.eth/0x8a9762ce

Very well articulated, think this is what I’m feeling