What Is a Doo?

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A group of people who donated a bunch of money to buy the constitution was auctioning it off for $30 million. The bidters were in back and forth between two different bitters, but one eventually came out on top. This probably broke securities law because this could have been done with accredited investors - which is why many crypto projects do not accept American investors.

First, Jason covers ConstitutionDAO attempt to buy one of the remaining 13 copies of the constitution at Sotheby's (01:56). Then, he does 10 points from the Startup Checklist on operational excellence (34:54). To close out the show, Producer Rachel speaks with Meagan Loyst, a VC at Lerer Hippeau who leads a group called Gen Z VCs (01:04:00).