If you had $300 million usd to throw around, what would have been (is) your IRR on those early crypto entries? Though a16z is purportedly holding, Thiel sold the top...https://twitter.com/bitstein/status/1011353938845675521 …
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Replying to @MustStopMurad
Just speculation that the presser stating their btc investment had ‘paid off’ meant some profit-taking...https://www.inc.com/emily-canal/peter-thiel-founders-fund-bitcoin.html …
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Replying to @MustStopMurad
Is it that far (vertical dotted line in graph)? Couple of weeks later than the actual top. Fits with narrative imo…pic.twitter.com/bzeKSxDDIY
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Replying to @davidweisss @MustStopMurad
Wouldn’t the best VCs-turned-token-holders make use of the new rapid liquidity? Maybe not if their time pref really is that long. Anyway this is no proof as you point out. Thanks for paying attention :-)
1 reply 0 retweets 1 like
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