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Day: November 3, 2022

Sami Issa and Maggie Love, the Founders of W3BCLOUD Powering Web3 With Compute Infrastructure…May A Thousand Blockchains Bloom

by Howard Lindzon
This post is by Howard Lindzon from Howard Lindzon

🎙

Panic with Friends – Investing for Profit and Joy

I’m excited to be doing this first episode in a series of shows over the next few months on blockchain, crypto, web3 – whatever you want to call it.  As long-time listeners know, I like to draft behind smart people on web3 as I learn.  At Social Leverage we just started making new investments in the Web 3/crypto sector.

As a fast follower,  I like to leave it to people like Fred Wilson, and Chris Dixon and my friends at 6th Man Ventures and Multicoin and my guests today; Sami Issa and Maggie Love, co-founders of W3BCLOUD.

I haven’t talked/writtenm often about it, in full disclosure, Social Leverage Acquisition Corp ($SLAC), the company I’m CEO of, has announced a proposed merger with W3BCLOUD. In addition, Social Leverage (Fund IV) (where I’m a GP) is a shareholder and member of the sponsor group. 

This current bear market should serve as a catalyst for a next stage of growth in the sector.   

The bear market is shaking beliefs, bringing down valuations, and leveling expectations. It will force people to think clearly about business models. While this is happening, more infrastructure is necessary and going to be built.

All the hard work that had to be done behind the scenes, and continues to get done, has me excited. Building the infrastructure and onboarding people to web3, are where Sami and Maggie come in with their company, W3BCloud, powering (Read more...)

Thursday Meta-Tweets — "one of the funniest things that’s ever happened."

by Unknown


Jon Schwarz has an excellent (and highly amusing) overview of this dog-catches-the-car moment.

Matt Levine observed that his Musk/Twitter posts were fun to write because it was a great story with big arcs and plot twists. Elon has gone from wanting so badly to buy Twitter that he was offering way over its market value to desperately wanting not to buy Twitter to pretending he wasn't forced into buying  Twitter. 

The comic effect was greatly enhanced by Musk constantly insisting that every (contradictory) move was motivated by his brilliance and benevolence. (Remember this is a man who actually says things like "At this point I think I know more about manufacturing than anyone currently alive on Earth" and "Some hate humanity, but I love humanity so much.")




So far accountability doesn't seem to be kicking in.

Fair and square

by Seth Godin
This post is by Seth Godin from Seth's Blog

Fair is often in the eye of the beholder. What you think is fair might depend on where you are in the transaction. Losers tend to think an outcome is more unfair than winners do.

But square?

The thing about square is that everyone can agree on that part.

If something is fair and square, then the losers can concur with the winners, because square isn’t relative.

The secret is simple: if the calculations look the same regardless of what you’re rooting for, then you’ve found the method. The outcome should be unrelated to the method.

Investor Stories 268: Post Mortems (Sankar, Rivera, Kadavy)

by Nick Moran | Angel Investor | Startup Advisor | Venture Capitalist

On this special segment of The Full Ratchet, the following Investors are featured:

Santosh Sankar Miriam Rivera Annie Kadavy

Each investor discusses a portfolio company that did not survive and why it was that they failed.

The host of The Full Ratchet is Nick Moran, General Partner of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area. Learn more about New Stack Ventures by visiting our Website. Also, follow us on LinkedIn and Twitter! Founders, are you frustrated by trying to find the ideal VC's for your stage, sector, and geography? Answer five questions with VC Rank and generate your customized list now.