Simonon

Energy is slowly but surely coming back.
I’ve felt it on calls with other investors and institutions for a while now, and started seeing it reflected in the dealflow recently.
Now sentiment started to shift too and you can already feel it on the timeline.
Excited for what comes next.

Interesting disconnect between the timeline and the actual prices right now.
The timeline feels kind of euphoric, everyone shilling memes, ponzis and now even NFTs like it's peak bull. But look at the prices and most things aren't moving at all, while a select few assets are running hard regardless, doesn't matter if it's a memecoin or a revenue play.
This is what the future of crypto looks like. No more stupid 4 year cycles where a rising tide lifts all boats. Just pure selection and continuous consolidation.
The best onchain businesses and biggest attention gravitators run. The rest stays d

How is hardly anyone talking about this?
Whatnot just closed another round, raising $545M at a $20B valuation. That’s almost double the $11.5B they announced just last October.
Incredible metrics across the board:
- 650,000 new users joining their platform EVERY WEEK (!!!)
- they’ve already passed their record $8B GMV from all of last year, and we’re only halfway through 2026
- buyers have more than doubled YoY
Gamified and live commerce isn’t going anywhere as GenZ is taking over.
Collectibles / physical experiences aren’t going anywhere as AI is taking over.
And both of these trends only jus

PumpFun, fomo, FWA, TOAD
For the first time in a long while the timeline feels fun and optimistic again.
Almost forgot what it’s like to open this app and not get hit with a dozen macro doomer threads and someone explaining why it’s all over for crypto.
Bottom is in.

There is a massive asymmetric opportunity hiding in the current uninvestability of tokens.
Every legendary investor in history built most of their success on one very simple principle:
They figured out what an asset should be worth, then bought it for way less whenever the opportunity showed up.
Liquid crypto markets are full of exactly these setups right now. The problem is most crypto investors are either too lazy or too dumb to do the work of finding them, so they’d rather chase narrative plays that give them an excuse when things go wrong.
The few actually putting in the work today will st

Some of the best founders I know are building through the worst conditions imaginable right now. They get no applause, hype or bullish price action. In many cases even relentless FUD from people who contribute nothing.
And they just keep shipping.
In 1-2 years the timeline will crown some of them as geniuses and pretend it was obvious.
But they deserve this appreciation right now, not when it’s obvious.
I see you chads, keep going.

I’ve watched people far smarter than me leave this industry at the exact wrong time.
Higher IQ, more talented, better connected, better funded. People who by every metric deserved success far more than I did.
The only thing I ever did differently was refuse to walk away when every rational part of me screamed that I should.
Turns out that wasn’t a small thing. My stubbornness and my belief in this industry have been the biggest reason I am where I am today, and not just for once.
Nothing about that has changed today.
I will stay and hence I will win.

The great irony of crypto: we built a trustless system, and yet trust matters more here than almost anywhere else.
Because the problem with most failed tokens was never broken tokenomics or the fact that it was just a memecoin.
It was the people behind it.
Look at what actually worked over the years. Every time, it traced back to founders who were serious about what they were building, thought long term, and if they launched a token, were fully committed to it.
There are memecoins that did well over a long period of time (and still do) because the people behind them had genuine intentions.
And

I hated what FWA did from day 1 and tried to warn everyone out there. Extracting from your own users while giving the token holders nothing is exactly the kind of thing that keeps this industry stuck.
But honestly? Good. Let it hurt.
While I feel sorry for everyone who has lost money on this shitcoin, every blowup like this is another reminder that the extraction era is dying, and that ownership coins, token transparency frameworks, and tokens that actually be treated like equity onchain are the only way forward.
Bullish @MetaDAOProject
Bullish @Blockworks
Bullish on every founder thinking l

One of the most fascinating shifts I've noticed lately:
Non-crypto natives are more bullish on this industry than crypto natives themselves right now.
You feel it clearly in LP conversations while being out there raising. The crypto crowd is tired and keeps telling you to pivot to AI and robotics. The traditional investors are leaning in, drawn by the fundamentals we've built over the past few years and the regulatory tailwinds finally landing.
It doesn't feel obvious yet, but it's exactly these backend shifts that will carry the entire industry higher for longer, and the sentiment shift screa

I’ll never understand why people are so scared taking the risk to bet on themselves.
If you go all in on your own thing and fail, what’s the worst case? You end up right back in the job you’re in today.
That’s it. That’s the whole downside.
You’re not risking everything. You’re risking ending up exactly where you already are.
The upside couldn’t be more asymmetric.

Happy Monday everyone, big week ahead.
Pass the CLARITY Act or gtfo.