i was at a data analytic company for the finte, and we knew our exits. The entire time i stak an, how can i get rid of this quity sleve eh? I took a hair cut on my space salary just for this equity upside which thankfully paid off in the end. So many of these traditional laxilican valley starps have been built to be acquired or go public. Some of them will never be profitable in their lifetime,. Even when they go public, as we've seen from a few recent examples. And iing, yo, the hipe people believe it comes back to make sure everyone hires the best michael sailor.
Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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Timestamps:
- 0:00:00 – Intro + Holiday Travels
- 0:05:27 – What We’ll Cover + Jack Dorsey’s Web 3 War
- 0:12:45 – Can We Easily Define Web 3?
- 0:21:08 – “Why Decentralize”
- 0:25:32 – Balaji’s Twitter Response
- 0:32:52 – Bitcoin, Fear + Jack Dorsey Summary
- 0:39:57 – Tokens vs Equity + Big Tech vs Startups
- 0:42:46 – Incentives
- 0:49:13 – Silicon Valley Talent Leaving For Crypto
- 0:55:18 – Jack Dorsey Perspective: Build On Bitcoin
- 1:02:25 – What You’re Optimizing For + Dorsey Blocked by Andreesen
- 1:05:34 – Fun Fact Phan: Daniel Inouye
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