DeFi lending volumes have exploded since April. Three drivers:
- crypto prices rising (higher TVL)
- ETFs/funds parking capital for yield
- institutions having fewer options than retail (mainly just stake and lend).
@nik's infrastructure thesis is playing out.
AI is eliminating your moats. So how do you survive?
Be more human.
@jess of @seedclub and @jamiew of @glif on why authenticity and a commitment to keeping the internet weird are your most powerful assets.
Specialists see AI as a nuisance to their sector. Generalists see AI as the connecting tissue between all sectors. The biggest opportunities are at the intersections.
A lot of good stuff for this group in here this week. Mostly, why you sell early and how interoperability is beating decentralization.
https://x.com/usv/status/1956414460886659126
The problem with trying to sell at the top is you end up selling halfway to the bottom. Better to distribute 60-70% on the way up and be happy with that.
This was one of the most fun interviews we've ever done.
Two entrepreneurs vertically integrating everything to deliver the fastest, cheapest internet in Colombia and Industrial scale batteries across Europe.
Where are the walls in malleable software?
The grid is looking more and more like the internet.
Solar + batteries as the baseload for compute.
A big job opportunity.
These were some of the topics captured by this week's OH @ USV.
https://x.com/usv/status/1953889322203328615
