six pfp
six
@six
merkle raise was genius, because now that the crypto markets have globally topped for the rest of time, they are one of the few businesses with a lot of cash on hand to keep taking shots on goal. lot of other startups won't be able to last through the coming rest-of-the-decade bear market.
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Pichi ๐ŸŸช๐Ÿ–๐Ÿน๐ŸŽฉ ๐Ÿก๐ŸŒธ pfp
Pichi ๐ŸŸช๐Ÿ–๐Ÿน๐ŸŽฉ ๐Ÿก๐ŸŒธ
@pichi
I like that they have a lot of runway to weather any storm. But why do you think we are at the top already? Would love to read your thought process.
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YB pfp
YB
@yb
which token hurt you?
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Dan Romero pfp
Dan Romero
@dwr.eth
I don't think we've topped / we're in a bear market. That said, I had a lot of people tell me "why raise now?" Old school Silicon Valley aphorism I learned from Elad Gil: "when they're passing hors d'oeuvre, grab two"
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Bryce pfp
Bryce
@btayengco
just buy the espresso machine
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Matthew pfp
Matthew
@matthew
what makes you think they've topped?
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links ๐Ÿด pfp
links ๐Ÿด
@links
Itโ€™s tongue-in-cheek but I think the Merkle raise is actually the VC playbook going forward. Instead of 18-month-horizon headcount-growth raises, we will see 5+-year-horizon elite-team raises.
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Chris Carella pfp
Chris Carella
@ccarella.eth
darkposting.
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Maretus pfp
Maretus
@maretus
lol dear god I hope youโ€™re wrong.
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Ako๐ŸŽฉใƒ„ pfp
Ako๐ŸŽฉใƒ„
@ak0o0.eth
They're now in a prime position to innovate and capture market share while others falter. But let's not count out the resilience of the crypto community; bear markets have historically been breeding grounds for the next big breakthroughs
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