I come back to this often. 

On some dimension, competing teams are closer to collaborators then they are competitors. 

Industries are essentially high level memes, and there are many instances of ideas within those memes. 

VCs are basically trying to get exposure to this whole diagram.

and before you ask, i minted this months ago

and before you ask, i minted this months ago 

https://zora.co/collect/zora:0x46161b8f823a744b5546de63cc1ca50a2747bdd4/3

I think that memecoins are very real, and that they are a higher level form of organization than a company or VC.

They are in their toy phase and being figured out, but I think they hold some real truth and utility that we'll learn how to channel more.

healthy competition is positive sum. Memes = culture & best distribution

Totally makes sense. Nice visual 👌🏽

Usually an investor picks an interesting industry, category & then the fastest/best horse in the race.

I wouldn’t be surprised to learn about some competitors heavily coordinating behind the scenes.

Calling it what it is - meme - still hits different!

5000 $degen