Rough week. But I don't regret the move in-house to crypto. It has made me more comfortable with risk broadly, which makes me a better lawyer. It has battle tested my nerves of steel. It continues to teach me. It enables me to innovate, problem-solve, & think creatively.

DeFi ⚔️CeFi choose wisely.

.Orthogonal Credit literally doing a better DD than most crypto VC out there

Places such as Maple and Clearpool (and previously returned on Truefi) and Aevo (fka Ribbon Finance) . We want to really thank the protocols above that made this happen for us in the first place, and pool operators Maven 11 and Orthogonal Credit. Most of all, you lenders!

Check out our October Pool updates and market analysis before all of the craziness transpired. We continue to chug along and know that the future is bright for both DeFi and Crypto as a whole. medium.com/@orthogonal_tr…

We couldn’t think of a better framework to move this industry forward. Simple, intuitive, responsible. Ledger Ledger Enterprise

2022 - not the year everyone wanted, but probably the year we deserved for context; q4 2019 genesis had ~$60M of loans outstanding, Q4 2021 they had ~$50bn we are back to effectively 0 cefi credit available in the industry, outside of Maple, which is emergent ashes to ashes

I feel like I'm stuck in the Emperor's New Clothes rn. SBF is a criminal. His conduct was shockingly deceitful, unscrupulous. Where is the outrage from the press? The righteous indignation? He's NOT WEARING ANY CLOTHES.

There isn't a clear definition of what makes something 'DeFi'. Is it trustlessness? Use of smart contracts? I would use these 3 questions 1) Funds custodied in a smart contract or your custody? 2) Do the funds move based on smart contract function calls or manual transfers?