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Akshat_Maelstrom
@akshat_hk
Managing Partner / Co-founder @MaelstromFund Former Head of Corp Dev @BitMEX | Graduate of @Wharton
1.4K Following    8.1K Followers
Happy Diwali from Mumbai - my first in India itself. A spectacular celebration of both the worldly and the eternal 🪔🕉️.
First time being targeted by an attempted cybersecurity phishing scam. Fake @jonathonGuil claiming to be Jonathan Guilford of Reuters DM’d me for a podcast - felt super phishy, so my curiosity got the best of me. Interviewer/impersonator kept video off during the podcast and his lisp + Asian American accent (lol) didn't match the voice of real British @JMAGuilford (I checked beforehand). Midway through he asked me to screenshare in Microsoft Teams browser and let him control my laptop 😂. Hard no. Then someone else hopped on with an even thicker Asian American accent impersonating @harmonleon saying we could reschedule and try the "screenshare and control" thing again later. Recorded the whole thing and reported it to the FBI’s IC3. Stay safe out there kids!
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Mumbai has more >150m skyscrapers under construction than any other city in the world. Underground metro rail, bridges/tunnels, a bullet train, public parks, slums redevelopment, etc. at breakneck speed…But damn this makes for horrific air quality. AQI > 160.
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Another native texan here 👋🏽. 100% agree. Texas republicans are different than non-Texan republicans*. Ours are pro free trade, welcoming to int’l migrant labor, non-racist, believe in (mostly) small government, etc. Trump’s Frankenstein national Republican coalition didn’t align. *aside from some exceptions mostly in the DFW area
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As a NATIVE BORN Texan here is what I knew that apparently Bo French and the IQ posters did not: That the average Texan, and almost especially the median white Texan, is so repulsed by him that they will literally vote D for the first time in their lives to send a message
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The things founders send to VCs sometimes 🤦🏽‍♂️
First business trip to Mumbai this week - Have time for 1 downtime activity. Considering Kala Ghoda or Elephanta Caves. Drop your best recs here.
Been visiting India since the ‘90s, can confirm. Nothing short of a transformation, with its best days still ahead of it.
India saw about 496 million people lifted out of poverty between 2011 and 2023 in one of the world’s fastest declines in this metric, the World Bank said, although the gains remain uneven.
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Message us if you’ll be at SALT in London next week.
Threatening lawsuits is the HNW / business owner’s version of two drunk guys sizing each other up and posturing (before a bar fight that never happens)
Yet another Maelstrom portco comes of age: Congrats to @YanivNeuNer and team for the exit of @blink_labs_xyz to a strategic.
Follow average advice, get average outcomes
😂. Would be like me congratulating my neighbor with the same landlord as me publicly: “Congratulations to my neighbor for successfully Airbnbing out his apartment. I didn’t want to violate my lease agreement, but kudos to you for the bravery to do it so flagrantly.”
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It's amazing to see that Solana was able to advertise and even get an office in China. 👏 @BNBChain was not able to do this, so far. 🤣 Hopefully, what's good for one industry player is also good for the rest.
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The 3 Americans (2 of whom = children of immigrants) are the only self made ones in the list. All others inherited their billions.
Top 5 Youngest Billionaire in the world: Men Vs Women
Bear market conferences > bull market conferences
My largest crypto VC fund investment is Frictionless
Frictionless wrote its largest check into Backpack
One of the many reasons HK > SG
I have never seen a club this bright at 2 am
Pumping @MaelstromFund bags I see. We were in the first round (or early) in ~half of these.
[ ZOOMER ] CITRINI RESEARCH PUBLISHES ARTICLE ON INTERSECTION BETWEEN AGENTIC AI AND CRYPTO, ALONGSIDE THEIR INVESTMENT BASKET: BLOG
Our first-ever portfolio company (from 2022) @Obol_Collective’s offering addresses these single points of failure via its “distributed validator technology”
What happens when you launch on real achievements, rather than just promises. Congrats $QUID team.