• Most pitches are around crypto as a casino, but everyone once in a while there’s one of crypto as deep disruption to an industry. Those are moments to stop and think

• GC incubated Jeremy Allaire as an EIR. Another point for EIR programs

• Don’t try to grapple with Circles revenue, ebitda, or net profit multiples. They are multiple times higher than anyone else, in any industry. The market outlook is clear: USDC will overtake USDT, 10x faster than the blink of an eye 

• There’s always something in the young hungry founders

• Mini apps on Farcaster and World are the best way to distribute an mvp, it’s table stakes nowadays

• Met a team of big names, ex-BCG, ex-FTX, ex-Robinhodd, ex-YC, etc. They mentioned amazing MAUs and unbelievable d30 retention, but upon further inspection of the product, it's clear the metrics are cooked

Chat next week, and share with a friend if you liked it!