Simonon

Had a call today with the ex-CEO of a well-known crypto company that he successfully exited for 9 figures some time ago.
He's starting a new venture now and told me he would never ever issue a token again.
Not only was it a horrible burden to deal with, but also because it was a huge red flag in 9 out of 10 acquisition talks with potential buyers.
There are only two paths forward for tokens:
1) Become digital equity
2) Evaporate
If you're a builder, choose the former before you're forced into the latter.

The fact that we used to have markets that were only open during certain hours, and even closed on weekends, will be one of those things people look back on in a few years and just laugh at.
247 finance is inevitable.

If you're a founder reading this and you're still believing in your vision, still building, still pitching despite endless rejections:
Just know that the people who actually matter in this industry see you.
And we'll remember who showed up when nobody else did.

We’ve been working on refining our investment thesis for the next 5-10 years.
My biggest takeaway after 9 years in crypto: I’ve probably never been more bullish than I am right now.
If you’re thinking in weeks to months, I get the fear. But if you’re thinking in years, I genuinely don’t understand how you’re not overwhelmingly excited right now, especially at those prices levels.
Can highly recommend trying the latter.

The fastest way to lose money in crypto is to invest with someone else's conviction.
The second fastest is to lose your own the moment the market disagrees with you.
And right now, most of you are doing both.

The founders who are raising right now while nobody wants to write checks are the ones you’ll wish you backed in 2 years.
Every bear market the same excuses.
Every bull market the same regrets.

Someone explain to me how we bled for months over some of the most bullish news this industry has ever seen and then rally when an actual war breaks out.
Welcome to crypto, where nothing ever makes sense, and the people who admit it outperform the ones who don’t.

Pretty strong bounce in the market today, almost back to where we were before the US and Israel struck Iran.
The fact that crypto was literally the only market where you could financially express this geopolitical event over the weekend says a lot about how exhausted sellers and bears really are.
The people and institutions still here are builders, visionaries, permabulls and true diamond hands.
No matter how painful the last 12-24 months have been, the cleanse has been highly effective.
Even if you can’t see it right now, if you haven’t given up, you’ll sooner or later be incredibly grateful