What do you think will be some of the second-order effects of SpaceX, OpenAI, and Anthropic all going public within the next year? I'll go first: - Explosion of first time fund managers - California housing gets even crazier - Charitable giving increases dramatically What else?

I was talking to a founder yesterday who was frustrated by how negative the timeline feels lately, especially among VCs. I’ve noticed the same thing. My takeaway is that it’s much easier to critique something than it is to stand for something. And as people increasingly outsource their thinking to machines, that dynamic only becomes more pronounced. Conviction will become more rare (& more valuable).

When we originally invested in Bluesky, part of the thesis was that users were increasingly gravitating toward smaller, more intimate communities: - Less posting on Instagram feeds, more private stories - Less broadcasting on Snap stories, more private DMs Bluesky gave users the ability to create these more intimate social experiences by curating their own feeds and communities. What we didn’t fully anticipate was the rise of AI tools. Now, anyone can build software, and we’re starting to see a new wave of AI-generated social apps designed specifically for small groups of friends and family. It’s been incredibly cool to watch this emerge across the Bluesky ecosystem, which now has hundreds of apps built on the platform. Excited to see the developer ecosystem continue to grow.

Applications for World Build 3 close in TWO days! Over five months, top builders move from hackathon to real users, from early traction to funding, from building to pitching in San Francisco. It’s not about launching, it’s about scaling, and that starts with the hack. *If you are already building on World, check the website to skip the hack and join us on Stage 2.

Excited to join the x402 Foundation and accelerate Open Agentic Commerce!

a peek under the hood on how we're using ai at bcap

Hosted a dinner w/ folks in around crypto where we talked about what feels like a turning point in the industry tech more broadly. I always love putting smart people in a room together and want to do more of it! DM me if you want an invite to the next one :)

Will there be a section 230 for AI companies?

“bro I spent all weekend in Claude Code it’s incredible” “oh nice, what did you build?” “dude my setup is crazy. i’ve got all the vercel skills, plus custom hooks for every project” “sick, what are you building?” “my setup is so optimized, i’m using like 5 instances at once”

Impressive work. Bitwise doesn't want to offload risk management to a third party curator so they do it themselves Large asset managers stepping in as vault curators will be a big trend over the next year as FIs look to come onchain This is great for Morpho's distribution. Curators act as a free BD & sales arm

Also hitting that point where I need to start using a monitor to save myself from tech neck

If a tweet has more bookmarks than likes it’s alpha

Who you choose to watch movies with is very important imo. Do yourself a favor and go watch Sentimental Value with your sibling(s) 🤍

C tier dj man and family heiress girl is a combo I’ve been seeing more and more of lately

I wish @Spotify let you add notes to songs. Every year I make a playlist named after my age and dump all my music into it. Listening back instantly transports me to that time in my life. I keep a separate notes app explaining why I added certain songs - heard it at a concert with X, friends played it at my birthday, etc. Would love for that context to live directly inside the app.

evergreen

Risk aversion tends to go down when you're winning