4 Tweets Apr 16, 2023
Its enough to recognise that the next decade for Web3 will be the same as the post Internet bubble era, where the sector goes through the trough of disillusionment
But we are in a special environment where every company becomes instantly tradeable on the market if they want to
And because of that I actually believe that you cannot discount the idea of Lindy-ness - that when measuring a specific sector in Web3 (say, the stablecoin AMMs), the idea of "how long it's existed" is extremely important
This is contrary to people's idea that the equivalent of Google for Web3 (i.e a behemoth / the next big thing) hasn't been invented yet
What if it has? Especially for sectors that are hard to pivot from product to product (e.g liquidity on AMMs, Hot wallets)
This is also further substantiated by the fact that this sector heavily deals with finance + immutable code
If a new Curve pops up tomorrow, how hard will people want to pivot?
Anyways, always be thinking how you can capitalize on different scenarios, imo

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