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156 - Investing in Waves with Chris Burniske
Bankless
Ethereum Cosmos or Solana?
The three most exciting innovation environments for me that I also see materializing in you know user adoption and growth are ethereum cosmos Solana. The difference though Is Solana valuations are at least at the venture stage much lower than e Ethereum and cosmos so like Right now e python deals venture deals are 5 to 10x what I underwrote things in 2018 and 19 In terms of the like starting seed or series a valuation, if Something goes 30x total for a vc, but it's marked 10x higher I get a 3x instead of a 30x.
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