CalPERS bought a $550M stake in Yale’s PE portfolio at 90 cents on the dollar. That stake included a General Catalyst fund marked as of Q4, which held a position in Circle. The Circle stake was still marked at private market value and didn’t reflect the listing and subsequent 400% gain in stock price, netting CalPERS over $100M less than a month after closing the transaction.

TLDR: - Users have earned $38M+ - Layer3 wallet facilitated 3M+ txs - Shipped Layer3 Signal (onchain relevance index) - Deployed CUBEs across 18 chains - Dozens of new features in the Layer3 Wallet - Dozens of key fintech & chain partnerships - Shipped the Layer3 Builder - Re-introduce pay-in-L3 - Acquired ticker on Hyperliquid - Added new liquid funds to investor base - Shipped liquid rewards - Expanded team

Met someone last week who claimed to have watched every @tbpn interview. We’ve glamorized silicon valley and entrepreneurship so much that someone is literally spending their entire day consuming content about it. This is the boomer equivalent of watching CNBC every day, five days a week. This is not the point of the content and I think they’d be the first to admit it. TBPN is incredible and its success speaks to the American entrepreneurial spirit. But watching every interview is wild.

There was a time on this app when posting a high-signal reply required effort but today the only thing you need to do to stand out is place an intentional typo and avoid em dashes or default LLM POS sequences (adjective + noun, adverb + adjective + noun, etc).

this is very @hitdotone coded

What’s most interesting about the current wave of consumer crypto is the demand it meets. There's an entire generation that wants to express a profit motive through luck-based games that feel skill-based.

What’s most interesting about the current wave of consumer crypto is the demand they meed. There's an entire generation that wants to express a profit motive through luck-based games that feel skill-based.

Funny how skill-based games (investing, trading, etc) lean into luck-based game UX (gamification, streaks, lootboxes) and luck-based games (crash-esque) lean into skill-based game UX (rug dot fun)

account that only posts the best prompts, does this exist?

perpetualization > tokenization