Mario Nawfal

Meta has paused hiring for the remainder of the year. Amazon’s CFO announced that the company has too many workers after hiring due to the emergence of the omicron COVID-19 variant. Uber plans to slow hiring. Traditional tech industries are slowing down.

Ponzis collapsing, funds blowing up, retail getting rekt….. It is just another episode of capitalism.

#NFTs are holding surprisingly well during this meltdown.

Treasury Secretary Janet Yellen said to members of Congress that crypto poses no "systemic risk" ……. because the $2T market is not large enough to cause any significant threat. Hm.

LUNA crashes but MakerDAO rises 30%.

Madonna announced her collaboration with Beeple on a 3-piece series. Many think it is vulgar. Many think it is brilliant. Which means it could sell well.

There was ~$2.4 billion of capital deployed or announced for future deployment into the crypto ecosystem last week I expect some tightening. Finding the signal in the expanding noise will lead to outsized returns when the market finds a bottom.

Meta’s high-end headset is coming later this year. The interesting part: It won’t be meant for gamers.

Google is forming a web3 team to build back-end services for developers operating blockchain applications. During the gold rush make sure you are the one selling the shovels.

It's an extremely tribal world of crypto, says @twittner, the CEO of #Decrypt. Sadly, he’s right.

Almost every person I’ve met that I admire has almost always read more books than I have.

Calm is contagious.

MicroStrategy's stock price has plummeted by 24%. If Bitcoin falls below the $21,000 mark, the company will be forced to do a margin call on one of its loans.

Jim Paulsen, the chief strategist at The Leuthold Group, minimized fears of a new dot-com bubble. I agree. Earnings are more robust now compared to the 2000s.

VC investment in the Web3 and crypto space: - $3.7B in 2019 - $5.5B in 2020 - $28B in 2021 Bullish.

Few tips for navigating the current crypto bear market: (a thread)

A decentralized stable coin is necessary for Web3 For an algorithmic stable to exist long term, it needs to prove it can withstand attacks similar to what UST went through Is UST stronger or weaker after surviving this test? Can trust be restored? Time will tell...

What are #NFTs? t.co/vtBMCurXNv

No problems, no progress.

No profits? You can at least cut your losses early. You’ll thank yourself later.

Creation is one thing. Improvement is another. Make sure you separate the two. You can’t write and edit or sculpt and polish.

$ETH came back from a 94% dump. Your altcoin probably won’t.

Productivity can be a distraction. Don’t look for a better way to accomplish tasks. Look for better tasks.

You are what you spend your time on. Not what you say, not what you believe in.

Pangea Management Fund raised $85M from Bain Capital and ParaFi with participation from Union Square Ventures and others It will be managed by Ryan Watkins, a 25-year-old former analyst at Messari. And you thought you are too young for your job?

NFTs have monopolized the art world’s collective psyche” -- quoting The Fine Art Group’s ‘Global Art Market Outlook Report’

It’s hard to cheat an honest man.

Pros are just amateurs who know how to gracefully recover from their mistakes.

Culture comes before processes.

The best remedy against getting old is to remain astonished.