Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Uhh… a massive DAO just voted to “refund” one of their investors who was owed a 30x return ($5M+)
This is an insane story that impacts all builders in web3 and as a founder I need to speak out
Merit Circle DAO vs YGG 🧵
Dunbar actually doesn’t say that we devote “grooming time” to the whole social group of 150. Rather he says that the 150 is made up from welding together much smaller “primary networks”: coalitions, friendship groups. Intensive grooming (language, for humans) is reserved for close friends. Our intimate group is very small, averaging just five.
Leading “solo capitalists” manage more money than many funds. Oren Zeev manages more than $1 billion without additional investment support. Elad Gil, Josh Buckley, Harry Stebbings and Lachy Groom manage funds in the hundreds of millions with similarly lean structures.
Bits of information provide neither meaning nor orientation. They do not congeal into a narrative. They are purely additive. From a certain point onwards, they no longer inform — they deform. They can even darken the world. This puts them in opposition to truth. Truth illuminates the world, while information lives off the attraction of surprise,... See more
In this series, the secret history of The Secret History revealed; the secret history of three of the greatest writers of Generation X revealed; and the secret history of Generation X itself revealed. .