People act interested/surprised that a credible VC like Variant would shill Lens & BitClout in a positive way. That is the curse of interest bearing assets. Everyone was shocked in 2015 with the emergence of the Bitcoin Maximalist (term didn't exist yet). My boss back then told me: "U know they call them >maximalists<"

Operator turned investor. Work in TradFi. Exploring the future of social investing @crossroads.  🟪

https://www.variantnewsletter.com/p/issue-1-thinking-about-web3-social

More context? Where/how we're they shilling them?

It's ok to shill, but let's at least be intellectually honest

There are so many cool builders on FC, just a matter of time all the VCs will eventually be here

Isn’t the whole VC model based on leveraged asymmetric value creation? I’m a TradFi Mini lol