basil
@itsbasil
increasingly more 10k fids & below are in my dms calling for me to get LOUDER it appears the inner circle is finally getting pissed off? two notable developments: 1) “get louder for us” — people are scared to speak up due to fear of retribution from ex-cb mafia (this is horrifying, no different than censorship & why we get called linkedin) 2) just talked to a second crypto & fc og who is now advising an fc competitor interested in tokenizing the social graph: one just wants to start a fire; the other is giving “fine i’ll do it myself” energy while i appreciate dans recent visibility on the timeline, we’ve debated this time & time again to no end & nothing has changed out of love for the network, the people want SOME of the 100m+ of capital being SAT ON deployed & deployed LOUDLY starting with ONE non dev hire to run ONE of these initiatives (to start): > eco fund > marketing & ua > branding & optics > grants & devrel > meaningful creator rewards & ambassador program
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wake
@wake.eth
i don't know how "raises" work. merkle raised 150m. was that money just, like, transferred to them? i always assumed it was scaled in somehow, otherwise arrives with conditions. but if they're sitting on 100m liquid while the network ossifies... well.... that's... something lol
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basil
@itsbasil
plus another 30m in a follow on i believe, so somewhere around 180m for a now 6 or 7 (?) person dev (only) team almost 3 years into launch no matter how you cut it, no matter what the terms were… they’re sitting on a trove
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wake
@wake.eth
has merkle spoken publicly about the money... besides the original announcement? i haven't seen anything since the confirmation.
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