Consumer Crypto

Good point! 

https://x.com/ai/status/1881406846977929421

don't really agree with the 'tokenization is the ultimate growth hack'

i think if we want to get web2 mass adoption, it doesn't make sense for everyone to have to hold a token to use something

it's like having to hold trader joe stock to go to trader joe

The Overton Window has been smashed.

If everything is now legal[1], many startups will try raising funds by issuing tokens as explicit cryptoequity.

As context, the SEC distorted the market for the last decade by forcing founders to obscure the obvious analogy between tokens…

Balaji just mapped the next era of startups and fundraising. It validates what I've been betting on with @sekoia_virtuals:

1/ The impossible is now inevitable. 1-2 person teams hitting $1B valuations with just seed funding. The “orthodox” startup playbook is being rewritten, and…