Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
venture capital and perspectives on funding and venture capital (VC)
WTF VC by Slow VC’s Sam Lessin - great assessment of what’s going on in early 2025.
Why does it matter? Everything is falling apart. Terra collapsed largely thanks to its token design. Projects that attracted millions or billions of dollars with the promise of absurd APYs are learning the truth of the old adage, “Easy come, easy go.” The regulators are coming. Tokens that were worth a lot of fiat a couple weeks ago are worth a lot... See more
Packy McCormick • Designing Token Economies
Worldbuilding and
Valuing AI companies using traditional VC methods and metrics isn't just wrong—it's dangerous.
SoftBank values OpenAI at $300B
Microsoft values it at $157B
Elon wants to buy it for $97B
Who is right, who is... See more
long good thread on “value” in AI companies
If you think where our food comes from, particularly in colder climates, you’ll realise it’s grown someplace else. As our bananas, apples, lettuce, corn and rice grow, they extract nutrients from the land. That food is then trucked, shipped and flown to where we live – and where we eat it and excrete it. Yet, we don’t return that organic matter... See more
Lina Zeldovich • Our excrement is a natural, renewable and sustainable resource – if only we can overcome our visceral disgust of it
Bennington College, the wildest and wickedest school in America. In the last great decade: the 1980s. Bennington class of ’86 includes Bret Easton Ellis, future writer of American Psycho and co-leader of the literary Brat Pack; Jonathan Lethem, future writer of Motherless Brooklyn and MacArthur Fellow; and Donna Tartt, future writer of The Secret... See more