SBF bought 5% of Cursor for $200k in 2022. The stake was liquidated by FTX bankruptcy trustees for the same amount $200k in 2023. Whoever bought that stake just cashed out a cool $3 billion profit from the SpaceX acquisition. A quick 15000x. You can get rich by venture investing.

The first real, 1:1 backed tokenized stocks are coming. → Own actual tokenized shares of U.S. companies → Trade, hold, and redeem - all onchain → Automatically receive dividends No derivatives, no IOUs. Welcome to the future of stocks.

The Wake Team is moving towards it's massive adoption campaign, tomorrow you'll see the official kick-off. As a part of this extensive campaign throughout June, we will be joining @latenightonbase on June 29th at 12pm PST! $WAKE up. It's time to get @base ready with us.

Introducing the new Base Posting account Your new home for updates on everything Base News from builders, updates from the Base team, product releases, data and milestones Everything you need, on @baseposting

This week on @latenightonbase : Monday 12:00 PM PST- @ethentree from @Send Tuesday 12:00 PM PST- @alokbishoyi97 and @jasonmdesimone Wednesday 11:00AM PST -@XenBH and @ijaack94 Thursday 12:00 PM PST- @Wrathtank_avax and @TradingAloha and @RipsOnSOL

@latenightonbase Hey.., Let’s collab🤝 pump your project Follow back 💬

The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Claude models is not affected. We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible. Read our full statement: anthropic.com/news/fable-myt…

Believe that we’re entering a super cycle for trading cards. CT is finally paying attention to onchain collectibles, but most are writing it off as a symptom of a blow off top for Pokémon and other TCGs. I think this view as wrong, and tokenized trading cards will actually grow many multiples from here… writing an article explaining my thoughts (should be out next week).

I’ve wanted to tell this story for years. Never had the courage. Here it is. I turned a presale allocation into $80 million on $OHM. Today I have $500k left. In 2021, I got a presale allocation in OlympusDAO, then aped heavily myself on top of it. The allocation got me in the door. My own conviction made me go all in. Staked everything. Watched it compound daily. By the peak I was sitting on $80 million. Then I started spending like the money printed itself. Private jets to Dubai because commercial felt beneath me. $40k weekends in Monaco. A garage full of cars I drove twice. Watches I never wore. I tipped $5k at dinners just to feel something. Every purchase was a flex for an audience that didn’t care. The casino was worse. High limit rooms in Vegas and Macau. I’d lose $2 million in a night and laugh it off because the portfolio would make it back by morning. Until it didn’t. When $OHM unwound, I didn’t sell. I doubled down. Then I leveraged. 5x, then 10x, trying to trade my way back to the peak. Every liquidation felt like a personal insult, so I’d open a bigger position. I wasn’t trading anymore. I was gambling with a different interface. $80 million became $20 million. $20 million became $4 million. I told myself $4 million was still life changing money. Then I levered that too. $500k. That’s what’s left. Here’s what I learned the expensive way: Unrealized gains are not money. I never had $80 million. I had a number on a screen and the arrogance to believe it was permanent. Getting in early is a gift. I treated it like a skill. The allocation didn’t make me a genius. It made me lucky. I confused the two for three years. Lifestyle inflation is a leak you don’t notice until the ship is underwater. The jets and cars didn’t kill me. The identity did. I became someone who needed to spend to feel like a winner. Leverage doesn’t get you back to even. It gets you to zero faster. Revenge trading is just grief with a chart open. Nobody at the table in Monaco remembers my name. I’ve carried this story alone for years. Too embarrassed to say it out loud. But $500k is more than most people will ever hold at once, and I’m done pretending the past didn’t happen. The next decade is about building slow and keeping what I make. If you’re up big right now, screenshot this. You’ll need it.