Nick
@nintynick.eth
what metric would be most impressive from a "FC is the new YC" — number of funding rounds? number of successful new projects that hit a certain milestone?
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peth.eth
@peth
given YC companies raise at $3-10m valuations, id say # of project tokens that reach $8m mcap & stay above it to beat YC, there would need to be 300ish projects that do that every year, we are currently at 10ish?
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Nick
@nintynick.eth
300 10m mcap tokens is 3B total val which is just 50% higher than ARH across all of farcaster.in (mostly $degen thought). seems doable. I see they also list # unicorns and their biggest companies by valuation
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