#Web3 in less than 300 words!

An extremely insightful thread from the OG himself ...

Another one of great threads by Romeen Sheth - this time on India. Fully agree that fintech + crypto is a massive opportunity. I would also add SAAS to it. These three sectors are going to create a lot of value in next 10yrs.

I've worked at Amazon, Meta, and other web2 companies. I want to share the best frameworks from these companies that I think all web3 product builders should know. Let's start with Amazon's working backwards process...

Super proud to see the vision at Polytrade coming to reality. It's special for me as it was my first angel investment in crypto. With mainnet behind, now it's off to the races. More power to you @ThePiyushGupta1 and team Polytrade 🚀🚀🚀

In 2017, more than 600 ICOs happened raising well over $15B. The excess led to a massive crypto winter in 2018. In 2021, 1000s of NFT projects came & total trading volume at opensea crossd $14.5B. The NFT craze is no different & it will likely deepen the next crypto winter.

This just happened. $META down 25% in early trade. Tech sell off will now accelerate. Metaverse narrative will lose belief. Crypto will come under pressure. Big Event!

#Benchmarks: The aggregate performance of US #SaaS startups by size!

A great list of folks who are active in #Web3

In a young web3 ecosystem, it's so heartening to see some very promising investors and call them close friends. Both aacash.eth - Aakash Kumar Tushar Behl (tbehl.eth) are deeply knowledgeable, extremely passionate about web3 and hugely connected. Would endorse them to every founder building in web3 🚀

Exactly my thoughts.

Love the thought here!

A rare video of the SVB bank run

Stoked and grateful to our investors and advisors for their belief and confidence in our mission to bring real-world sustainable yields to DeFi. techcrunch.com/2023/03/30/web…

Nikhil Aggarwal connected quickly (like super fast!) and confirmed (I cross verified) * Startup investments are through a CAT 1 Angel AIF (SEBI Regulated) * Lease assets through listed securitised debt instruments (Again, SEBI regulated as it's listed) * CRE through AIF They'll pass

Singapore 🇸🇬 is crushing it. The Token2049 + F1 week is an absolute blockbuster, almost unmatched for a combination of conference & entertainment. But the truly remarkable thing most visitors took away, is just how far ahead Singapore is as a city compared to others. Nearly

We had a lovely evening meeting our founders at our end of year gathering We reflected on tech v/s traditional which came up as a theme this year in our chats at Venture Highway Read more here on the evening and our look forward to 2024: bit.ly/3NE6qDO

ServiceNow, a $150B company with fifteen 250m ARR products (three at $1B ARR!) on their Generative AI efforts: “In Q4, our Gen AI products drove the largest net new ACV contribution for our first full quarter of any of our new product family releases ever”

At a meeting with a Growth US manager. He mentioned they bought $AMZN in 2006. They ran a search on Bloomberg to see how many institutional manager have held on to their Amazon position since 2006. The answer: 0.2% Amazon is a 100x bagger since 2006. Sitting on your ass is

AI Agents have the potential to democratize knowledge work in the same way that SaaS democratized software. And as we've seen in the past couple of decades with software, every time you make a service cheaper and more available, you dramatically increase the size of the total