Founders

Is the Warpcast $150M fundraise the beginning of the end of the fat protocol thesis?

Building @kiwi 
Writing @ https://kanfa.macbudkowski.com/

Btw @dwr.eth what do you plan to do with all this money given you want to keep the team small? 

Even if you had 50 people that would be a runway for 7-8 years, right?

fc-updates

Be specific.     

leonasskau.co.uk //
Hosting /strategy, /leo, /geopolitics d33m:mun

1. Two birds in hand better than one in the bush

2. It's crypto, there will be cycles, good place to be to be able to think long-term

3. If something starts working, we can invest in it immediately

No immediate plans. Rationale:

https://warpcast.com/dwr.eth/0xd469d8dd

will you have to manage the money somehow? Simply asking out of curiosity. I feel like with that level of inflation a single digit percentage on that amount in the bank account is kinda nuts?

Founder /kiwi-news, a decentralized Hacker News

It's in US Treasuries off bank balance sheet. Our counterparty is the USG.

No idea what any of that means but thanks for answering :D

US Treasuries = US government bonds that pay 5%

It's not sitting in a bank account, e.g. SVB blow up last year doesn't apply