Avichal Garg (Electric Capital)  

@avichal

Co-Founder at , serial entrepreneur, ex-FB, ex-Goog

palo alto, california
Vrijeme pridruživanja: lipanj 2008.

Medijski sadržaj

  1. Odgovor korisniku/ci
  2. Odgovor korisniku/ci

    What is this? A power plant for ants?

  3. Zooko and I spoke on the main stage at about governance including the , , and community. We also touched on cryptography and privacy beyond currency. Full conversation with from SFBW:

  4. Odgovor korisniku/ci
  5. Excited to be speaking at in January 2020 along with , , , , , , , and more! Apply here for the invite-only conference: To entice you to apply, check out the venue 👇😮

  6. Wow, the average investor in this startup has won 1.66 NBA Championships!

  7. For those who don't know the Player 2 meme, Player 2 entering the game is kind of like this:

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  8. 7/ and more! "As evidenced by the Offering Documents, Telegram engaged in a coordinated, centralized effort to create the Durov's vision of a new, scalable blockchain." "Durovs as its sole directors, Telegram will have complete authority over all TON Foundation activities"

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  9. 6/ and more..."Also to invest in Messenger itself" "Telegram's financial interests would be aligned with investors'" "[i]ntegrated in to Telegram's applications, the TON wallet should become the world's most adopted cryptocurrency wallet"

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  10. 5/ "Defendants would use the Offering proceeds to finance Defendants' businesses" "Telegram stated that the remaining Grams would be reserved for its development team" "Telegram intends 'to use proceeds'...for the continued development of Telegram Messenger."

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  11. 4/ more..."depends solely on Telegram's ability to create and launch the network" And they state repeatedly that Telegram Inc benefits from this fundraising directly: "estimating Telegram would spend $520M on Messenger alone between 2019 and 2021" (stated in multiple ways)

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  12. 3/ Check out how they repeatedly assert Telegram Inc. and the Durovs control everything, thus this is a common enterprise driven by the managerial efforts of others. Ex: "Pavel and Nikolai Durov will be or are the sole members of the TON Foundation’s board" and many more

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  13. 6/ The people working at banks are generally good people trying to earn a living. But banks as organizations are dysfunctional. Instead of creating value first and monetizing later, they now exist only to make money -- through any means necessary. Thus few people trust banks

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  14. 2/ Just this week, the UK fined banks $66 BILLION: "The commission paid by the bank to its staff for the sale was 87% of the premium. As the profits were so large, firms were prepared to risk a fine for mis-selling, according to the Financial Services Authority"

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  15. 1/ A large institutional investor asked me why people will trust Bitcoin over banks. I showed the following data: The big banks have been fined upwards of $300B in the last decade for all sorts of appalling behavior. US-only violation tracker: 👇

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  16. OMG this is amazing and it's produced by !

  17. Step 1: Write a blog post about why entrepreneurs in a space will never succeed. Step 2: Every founder in the space will email you and try to explain why they are the exception and can succeed. Step 3: Invest in the founders who are the exception. 🥋 You're welcome VCs.

  18. Odgovor korisnicima i sljedećem broju korisnika:
  19. Odgovor korisnicima i sljedećem broju korisnika:
  20. Odgovor korisniku/ci

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