Mario Nawfal

You know what’s cool? When a VC writes his own company newsletter. Congrats to @KyleSamani and #Multicoin capital for their latest investment in @fluence_project

Mean people fail. Eventually.

Massive trial and error. That’s how evolution creates things. You too should adopt the same approach.

There isn’t a shortage of developers and designers. There’s a surplus of founders. The cost of starting a company has collapsed. This means very incompetent folks will also start a company.

Be ruthless on accountability and output over the long term. Nothing damages a startup like a mediocre and reliable performer.

Advice for entrepreneurs - Keep the team small. All doers, no talkers. Absolutely no middle managers.

#NFTs are still only 1% of the crypto total market cap.

Ideas undergo evolution much as genes do.

To do great things you need a free mind and a free calendar.

The most intelligent people don’t necessarily come up with the best ideas. Intelligence is not the end but merely a means to an end.

People will also attack new ideas when they have a vested interest in the old ones. Bankers attack crypto. Churchmen attacked Darwin.

Someone proposes an idea that sounds crazy, most people dismiss it, then it gradually takes over the world. This is how all big things begin.

Groups search for consensus. Individuals search for truth

You cannot skip experience. You can only build a system for faster iteration to acquire more of it in a shorter span of time.

The internet was initially frowned at for being a tool for war. Now it is a commoditized tool for good. Facebook’s engagement algorithm is being frowned upon as evil. It is a matter of time before it is commoditized for people to create whatever they want with it.

One of the most surprising ingredients in having new ideas is writing ability. There's a class of new ideas that are best discovered by writing essays and books.

There Are No Get Rich Quick schemes. Get rich quick schemes are just someone else getting rich off you.

Don’t strive to move up the corporate ladder to manage more people. Strive to manage more capital, media, and community instead.

#Metaverse mortgages. They’re now a thing.

Two ways to take DeFi mainstream: - Make it more entertaining – the riskier way (money games or straight up ponzis). - Make it easier to use – The less risky way (one-click earn a yield on your dollars, draw a line of credit, or swap assets on the fly).

Reject most advice. What worked for them may not necessarily work for you. As Ray Dalio says: Triangulate

Institutional money flows still dominate Bitcoin transfers with more than 65% of all transactions being larger than $1M in value.

As long as institutional money flow in, the future is green for #Bitcoin.

Be eccentric in an increasingly efficient world where everyone has dug through all the obvious places to dig, to find something that’s new and novel.

#Avalanche recorded all-time highs at active addresses, transactions, TVL, and market capitalization during Q4 2021. Yet, its price is down more than 40% from its ATH, alongside most other crypto assets. Markets are weird and full of opportunities.

"I’d rather teach marketing to an engineer than to teach engineering to a marketer" --Bill Gates

Seek a career where your inputs don’t match your outputs. Where an hour of work can have asymmetric returns

A society with too many takers and not enough makers eventually falls apart.

Don’t build your angel investor brand in a narrow vertical. If the market never shows up or shows up late, your brand is doomed.

Money is not going to solve all of your problems but it’s going to solve all of your money problems.