Viewing profile — CyrusL

Yeah, one employee swindled about $50k. He was immediately let go. OpenSea does $200m/day in volume. So about 20 seconds of their tx volume (not 100% sure I'm doing the math right)…

lol, the conspiracy theories keep getting wilder. So it's OpenSea wash trading or their users? Pretty hard to do with a 2.5% loss on every transaction.

https://dune.xyz/rchen8/opensea Yeah, this valuation is easily justifiable. First chart is OpenSea's monthly transaction volume. Multiply by 0.025 to calculate OpenSea's take.

That's correct

The implementation is usually cryptographically signing a message from the account that owns the NFT.

Hi, I’m an NFT collector. A bunch of my friends are too.

Theranos was not a Silicon Valley darling. I don't think there were any big SV venture funds involved. It was people like Ruport Murdoch, Henry Kissinger, George Shultz, and James …

Nope, only a couple hundred bucks: https://shortnames.com/llll . Two-letter .coms are often sold in the high 6 and low 7 figures.

For the clickbait content ads on Taboola and Outbrain, the strategy is ad arbitrage. The landing page is probably broken up into a slide show with many pages. The goal is to get th…

The idea is that the tokens won't be securities in the future. A security can eventually become a non-security.

In my experience as a Cameo customer, the videos are received very well as a gag gift. "OMG, I can't believe you got them to make me a video!" To me, the open question is if the no…

We pronounce 0x as “zero-ex,” but you are free to pronounce it however you please. https://0x.org/faq

"In evaluating these assets for exploration, we relied as much as possible on the criteria in our published Digital Asset Framework, but found that many of the criteria required co…

I remember Boosted's mission from the beginning being something like "improving last-mile personal transportation." My hunch is that the electric skateboard market is bigger than t…

The original idea was to make a summer camp alternative for students so that they didn't have to be interns at big tech companies. I think YC was first called "Summer Founders Prog…

"Assume a hashrate and difficulty corresponding to 1 block per 10 minutes. If I uniformly randomly pick a point in time, what is the expected time between the previous block and th…

For people who don't read the article and jump straight to the comments: YC is not leading Series A rounds. YC is creating a program to help improve outcomes for portfolio companie…

I don't agree with the stock split comparisons. Bitcoin Cash is not something that existed inside Bitcoin and was then spun out. It's more like a new company was formed and it's ca…