Sarah Drinkwater

One of the reasons that there is so much confusion around token design, and value accrual specifically, is that tokens, and the DAOs and protocols that issue them, are so multifaceted. Sometimes, the issuers want them to behave like shares in a corporation. Others issue “governance” rights to skirt regulations while insiders pump the tokens in the... See more

Established institutional LPs have backed solo GPs. University endowments and other institutional investors have funded several top managers. In doing so, these LPs seem to have made peace with the model’s structural risks.

Trust comes from trading with each other ... but you need something to trade, which is getting really problematic with AI https://t.co/P0UBDbv4lo

We greet information with a fundamental suspicion: Things might be otherwise. Contingency is a trait of information, and for this reason fake news is a necessary element of the informational order. So fake news is just another piece of information, and before any process of verification can begin, it has already done its work. It rushes past truth,... See more

All three are, at various times, infatuated and disappointed with one another, their friendships stimulated and fueled by rivalry as much as affection. And all three will mythologize Bennington in their fiction—fiction that, as we’ll discover, isn’t always fiction, is often fact—and thereby become myths themselves