Sublime
An inspiration engine for ideas
Consequently, a business may be short of cash until payment is received.
Michael W. Preis • 101 Things I Learned® in Business School (Second Edition)
I’ve been working in tech for 15 years.
I joined a few startups, started and sold one, and invested in 100+ companies.
95%+ of my net worth remains illiquid. This is the norm in tech.
But I'm seeing growing interest in profit-sharing startups (and liquidity, ofc)... See more
founders what is the best way to off-ramp Solana USDC?
applied to Bridge 1 week ago and heard nothing from them. no clear solution to this problem; needs web2 money to pay our Vercel bills
baoskee (daos/acc)x.com
Memecoin LP II: How I Learned to Stop Worrying and Love IL
*This will be longer form. For the basics on LPing Memcoins (why, how, risks) check the quoted post below*
Eight months ago I wrote about my experience LPing COST. It went fairly unnoticed at the time, but tripled in traction yester... See more
Liquidity is defined as a sufficiency of cash to pay bills and cover any surprises or emergencies.
Erik Banks • Finance: The Basics
Non-financial businesses turn liquid capital into illiquid capital — higher and higher forms of complex good — in an attempt to satisfy a perceived customer demand. If they make revenue, they are correct in a demand existing for such a good or service. If they make a profit, they have satisfied this demand efficiently; they have produced more than
... See moreSacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
After ensuring operational needs are accounted for, illiquidity can be used to capture higher returns. Theoretically, and as part of the analysis when making an investment, illiquid assets (e.g. seed stage investments or strategic cross-DAO partnerships with defined lock-up terms) should capture a return premium relative to liquid assets. This is w... See more