VC’S LOVE TO TALK ABOUT BURN RATE AND CUSTOMER ACQUISITION COST. “HOW QUICKLY ARE YOU BURNING CASH?” “HOW MUCH DO YOU HAVE TO PAY TO GET NEW CUSTOMERS?” SEEMS VERY FIAT.
I LIKE TO TALK ABOUT SATS FLOWS. VC’S DON’T KNOW WHAT SATS FLOWS ARE, THEY ARE MORE CONCERNED WITH GROWTH HACKING. LET THE SATS FLOW, STOP BURNING EQUITY VALUE.
Ten31 Marks First Public Listing for a Bitcoin Focused Venture Fund with GRIID Infrastructure
- Continued Leadership in Bitcoin Technology Investment
- Launch of Two New Investment Funds
- @Harry Joining as an Advisor
- Grant for @callehttps://ten31.vc/insights/griid
"Under a Bitcoin standard, earning bitcoin today will generally require less work than earning the equivalent amount of bitcoin in the future. Said another way, for the same amount of work you will earn less bitcoin in the future. This will emphasize the opportunity cost of foregoing bitcoin today for the prospect of bitcoin tomorrow (which will be harder to earn). When the objective is to accumulate as much of the 21 million fixed supply as possible, this will become a forcing function on a company's mindset for evaluating investments in growth."
https://ten31.vc/insights/investing-in-bitcoin-infrastructure