brypto

it’s corny/consensus to dunk on VCs at this point but it is fascinating to see the conspicuous silence on both social ai agents and hyperliquid which are clearly the two biggest recent stories in crypto, that also happen to share the common thread of the associated tokens having no private rounds or allocation

1) not industry changing 
2) products aren’t highly differentiated enough 
3) they’ll happily let all the newfound wealth be their LPs

you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

| 🎩  |  ↑  |  ⌐◨-◨

I’d say the ai agents and hyperliquid are both industry changing and differentiated

I’d say HL pushes forward transaction UX and tokenomics design

And agents change how people transact, what they pay attention to, how communities might organize/govern in the future

Even if we disagree here though i don’t think this is related to the VC point in the original cast. VCs loudly invest and shill many products that aren’t industry changing or differentiated