Devin Baker

Typically venture funds won’t invest in direct competitors to a portfolio company to avoid conflicts of interest (this decouples at the latest stages of private investment, but typically not series A/B/C). This means that venture firms will invest in only one company within a competitive space, even if the space is big enough for multiple... See more

In this vision of redemptive labor, we can glimpse a more hopeful future where technology serves its highest purpose by eliminating true toil while preserving the sacred space for human hands and minds to engage in genuine craft. When automation frees us we gain capacity to redirect our energies toward the kinds of deeply human creative acts that... See more

Tokens give users property rights: the ability to own a piece of the internet.

And now, I think what comes next is real consumer tokens. Tokens that combine the expansive ambitions of top infrastructure projects, with the belief systems, cultural value, and social properties of memecoins. Tokens connected to product and social experiences that people actually care about instead of vaporware. Tokens from projects that are... See more

Today, crypto tokens are the latest protocol innovation to expose a disruptive new model. Just as BitTorrent allowed us to exchange packets of information instantly and without an intermediary, crypto tokens let us distribute value in the same way.

ut the way you don't give up is completely different. Instead of merely resisting change, you're driven toward a goal by energy and resilience, through paths discovered by imagination and optimized by judgement.

Right on schedule, just like almost every other year, it will be time to sell in the late stages of the first quarter and chill on the beach, at the clerb, or on a ski resort in the southern hemisphere and wait for positive fiat liquidity conditions to re-emerge in the third quarter.