"Why would you ever IPO? The only people doing it now are the ones forced to" Kain on why public markets have lost their purpose and why the world is sliding back to a 1800s style private wealth era "It is genuinely better to be illiquid. There is a premium for being illiquid. Your investors are always happy because the price always goes up. You do not have retail investors panic selling on a Tuesday" "It used to be that if you needed a billion dollars, public markets were the only place liquid enough. That is no longer true. So the entire incentive to IPO has disappeared" "You end up with giant private companies and no way for anyone to invest in them. It is a very weird situation that harkens back to the 1800s where everything was private wealth and normal people had zero access"

Unpopular opinion, api users have been massively subsidising subscription users to the detriment of everyone. If you don’t properly charge for a scarce resource it will be squandered by those who don’t value it.

Infinex is legit the wallet I always dreamed of. not sure why more people aren't using it. No hardware wallet. Seamless across devices. txs always execute the first time just needs on/off ramps & a mobile app & I won't need a CEX anymore

3Jane began as a credit-based money market extending lines of credit to cryptonatives. Today we're evolving into programmable credit facilities via warehouse loans & forward-flows to power the next generation of fintech originators across a $100B opportunity. Full post below.