NOT A BITCOIN VC

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Don’t know how you define “VC”. To me, investing in a bunch of start-up companies, sitting on their boards, raising LP funds pretty much makes Ten31 a VC.

Obviously, y’all have a niche investment thesis but it doesn’t change that you’re a VC.

Nah I’ll never be a VC

Sats flow engineer.

Except Ten31 isn’t doing the sats flow. He is allocating capital to companies doing the WORK and then advising others to flow sats. They’re taking a cut of their LPs’ capital.

Thats like the literal definition of VC…

The middle man is unnecessary. Funds are unnecessary. Bitcoin fixes this.

It’s very early and the model has lightyears to go before general adoption. Long term you may be correct. I’m always happy to hear a thesis.

Lol

I am also not a Bitcoin VC đź‘€

What's the problem with that?

And if there is, why are you there?

I’ve invested in it but I’m not a VC

So what's a VC in your mind?