
Diogenes Casares - Special Situations Investing in Crypto
Liquid - Web3 Crypto Investing
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How to Negotiate a Split for a Token Company
Rook is a project that's been around for a long time. Their original goal was to create, I guess, MEV arbitrage type strategies. When you realized that with the market sell-off, a lot of these tokens who had raised a lot of capital, all of a sudden had massive treasuries. And so to you, as an outsider, it looks like either this company has negative equity value or there is an opportunity to liquidate the business and generate pretty substantial return from investors.
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