Timothy Shih
@timothyshih
Timothy Shih
- To drive outsized returns, make concentrated bets. Part of Multicoin’s genius is its willingness to back up its conviction with capital. Many of the firm’s best-performing investments were sized aggressively, contributing to the fund’s outpermance.
from Multicoin Capital: The Outsiders by The Generalist (US)
- MEV is the potential profit that’s available to whoever builds the blocks in a blockchain.
from Intern Breakdown #2: MEV by Mark Bissell
- Investing in Web3 projects can be legally trickyVenture capital firms can only invest up to 20% of the fund in liquid assets—more than that, and the U.S. Securities and Exchange Commission says you have to become a registered investment adviser.
from Web 2.0 Investors Aren’t Cut Out for the Web3 World by Edith Yeung
- Reporters Without Borders @RSF_Europe has turned to #Minecraft in its fight against cyber #censorship: an in-game "uncensored library" is a repository for articles censored in the country of their origin (Mexico, Egypt, Saudi Arabia, Vietnam, Russia...)
Publishing and
- They see the world, and themselves, differently. Andreessen thinks he’s the smartest guy in the room while Dorsey thinks he’s the most moral guy in the room.
from Jack Dorsey, Marc Andreessen and the Makings of a Crypto Holy War by The Information
- Investing in EOS was a flop…that led to Multicoin’s biggest winner. The firm’s outspoken support for alternative blockchain EOS rubbed some the wrong way. When that project floundered, critics celebrated Multicoin’s mistake. But it was by backing EOS that Multicoin recognized the potential for monster hit, Solana.
from Multicoin Capital: The Outsiders by The Generalist (US)
- when a business is paid, 1.5–3% transaction fees to the business are common.
from Payments, Payment Rails, and Blockchains, and the Metaverse — MatthewBall.co by Matthew Ball
- A $30 million seed valuation is quite high for a Web 2.0 company. You might even call it expensive. In Web3, anywhere from $10 million to $70 million is reasonable for a seed round. Most investors are willing to swallow such big numbers because of the much shorter timeline for listing on a crypto exchange compared to going public on a stock exchang... See more
from Web 2.0 Investors Aren’t Cut Out for the Web3 World by Edith Yeung
- Secondly, they’re connected by crypto’s transparent nature—trade secrets are scarce when founders can follow each other’s work “on chain,” watching how many transactions are occurring and which blockchains are stumbling. “These are both open-source ecosystems,” said Yakovenko of his and Buterin’s blockchains. “Because of that, there’s a lot of actu... See more
from Can Peace Last Between Crypto’s Visionary Rivals? by The Information