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ted (not lasso)
@ted
okay last cast before i retire to DCs and GCs: crypto VCs, why did you decide to invest in so many DAOs between 2020 - 2022ish? genuinely curious what those investment memos looked like and why you were bullish enough to invest.
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Jesse Walden
@jesse
@variant’s investment in pleasr is akin to membership in an investment club with exposure to digital art. we selectively invest in NFTs directly too, but it’s not our core focus—so pleasr was a way to build a basket.
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Jesse Walden
@jesse
would add that in art the collector matters and can add value, so to echo something @alok also said, we felt the community curation was a feature of these investment clubs
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