Another data point on “In the not too distant future the capital stack of software firms will be dominated by software money” (through a point).https://twitter.com/b_nicks11/status/1227976848534990855 …
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“... or I need to maybe start investing somewhere where all the people I want to invest in can’t fund a Series A in 48 hours from their cell phone.”
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I also think, mostly unrelatedly, that exactly the same social dynamics which cause a syndicate to be possible in an alumni group could cause some other cause needing funding to go substantially viral through an alumni group (and cross networks because alumni do, too).
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Not sure what that will be. A plausible argument exists that Bitcoin basically was it in the pre-2013 timeframe.
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End of conversation
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