Jonny Mack on Warpcast

Content pfp

1 reply

0 recast

2 reactions

Jonny Mack pfp

if you’re a founder and you trade memecoins to make money, you’re not paying yourself enough the highest leverage work you could possibly be doing is increasing the value of your equity by building your company and shipping product everything else is a distraction play the long game

28 replies

6 recasts

86 reactions

Coop pfp

@coopahtroopa.eth

This is something I struggle with on a daily basis. In principle I very much agree the highest leverage is increasing equity value. Crypto moves so fast that I do think there is benefit to being tapped into the latest trends and market movements. Great food for thought and +1 on the long game 5000 $DEGEN

1 reply

0 recast

1 reaction

woj pfp

counter point my degen profits help me fund supercast

2 replies

0 recast

19 reactions

Sirsu is in Flight 🎩✈️ pfp

Sirsu is in Flight 🎩✈️

I don’t trade cuz I’m trash at it But participating in a lot of these tokens unlocked: + significantly reduced debt + ability to now help my mom since my dad passed + runway to experiment and pay devs + more time spent with family The founder mission takes a lot away from me day to day—tokens gib back 🥹

0 reply

1 recast

5 reactions

m00npapi🎩q/dau pfp

m00npapi🎩q/dau

Most people are using this stuff because it’s FUN not necessarily cause it’s a source of income Meme coins are also likely the best option we have to observe unadulterated markets ability to ship fast is def a deciding factor so I get not being distracted but there’s definitely a taste/culture element too

0 reply

0 recast

3 reactions

Leo pfp

A founder should at least founding a meme coin lol

0 reply

0 recast

3 reactions

proxy pfp

@proxystudio.eth

okay true but I haven't raised any money yet

0 reply

0 recast

3 reactions

Matthew pfp

$degen helped me buy events.xyz but yes I agree if you have the money

0 reply

0 recast

2 reactions

tomu pfp

I’d say: be active in any stage there are short-term games that will fund your long-term vision

0 reply

0 recast

1 reaction

Ox Bid pfp

I was surprised by how many founders do not want to raise capital from VCs. Trading is a part of the market foundation. Remember the ICOs - they were a primary source of raising money for OG crypto founders. Yes, many ICOs turned out to be scams, but not all of them

0 reply

0 recast

1 reaction

stringtheory pfp

@stringtheory69

Typical returns on startups is 0% is you consider how few are successfully acquired / ipo right? Opportunities for 10x, 100x, 1000x are pretty rare.

0 reply

0 recast

1 reaction

MJC pfp

trading memecoins counts as loving the dirt in this hyper-financialized biosphere we call the chain and if you're not at least trying to make money, you're not playing the game correctly I agree that increasing your equity value is the highest leverage objective but staying sharp onchain is part of that

0 reply

0 recast

1 reaction

kk pfp

Why not do both? 🫡

0 reply

0 recast

1 reaction

Noah Bragg 🐟 pfp

Noah Bragg 🐟

I'm not doing much meme coin trading. But this is why I found a business that is in the midst of crypto and investing. I enjoyed Liquidity providing and wanted to spend more time on it. So I built a business in that exact space. 5000 $degen

0 reply

0 recast

0 reaction

tldr (tim reilly) pfp

tldr (tim reilly)

Agree. I think of foregoing other opportunities — cool, but attention-consuming opportunities — as an actual bet on myself + the things that I can most affect. It takes discipline to do it; at least for me.

0 reply

0 recast

0 reaction

huugo pfp

“Play stupid games, win stupid prizes”

0 reply

0 recast

0 reaction

Michael Pfister pfp

Michael Pfister

Raising vc can be a distraction from letting your business blossom into its authentic self Sometimes necessary, but often times forces a company early on to be something it isn’t before the founders even know what it is Alternative income and funding methods should be welcome Focus is an edge- a luxury

0 reply

0 recast

0 reaction

joel pfp

was this post for Twitter? 😅

0 reply

0 recast

0 reaction

Speakup 🎩🔮 pfp

Speakup 🎩🔮

Unless you're shipping something tied to meme culture it appears the Alpha Gens are going this route I do agree though discipline and humility are necessary traits for founders who wish to scale and not just build. 1000 $DEGEN https://twitter.com/KAI__HENRY/status/1769947464650666047?t=szm66J3r7D0Bt51J3xWYxw&s=19

0 reply

0 recast

0 reaction

Reality Crafter pfp

Reality Crafter

@realitycrafter.eth

Also, you could just buy $DEGEN and hold it. Far less distracting, far more payoff.

0 reply

0 recast

0 reaction