CM Weekly: Solana, Punks, and Valuing DAOs
Hello from the smoky SF 😷
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Written by Chris McCann, General Partner @ Race Capital, former Greylock Partners. More about me.
🗞️ Tech News Last Week
There is still a big shortage of silicon chips and now TSMC is raising chip prices 20%.
Apple (after a lawsuit) is finally allowing for alternative payment methods outside of the AppStore.
Visa bought an NFT Crypto Punk which is now holding on their corporate balance sheet.
Apple and Facebook both have the ability to read and censor messages within FB Messenger & iMessage regardless if it's E2E encrypted.
🤔 Deep Dive Posts
Packy from Not Boring wrote an in-depth post all about Solana including its history, importance, and implications for the crypto space. I’m happy to be featured in the article!
Toast filed their S-1 with some interesting data about their embedded fintech strategy & consumer behaviors.
Clay Robbins shares a quick primer on DAOs (decentralized autonomous organizations) and explores their future implications
A skeptical take on how to value one such DAO, which runs the Axie Infinity franchise.
🔥 Race Capital - Portfolio Jobs
Polysign: Senior BSA Analyst (New York, NY)
FTX: Full Stack Developer (Miami, FL)
Opaque: Technical Recruiter, Product Designer, Developer Evangelist (Berkeley, CA)
GoodNotes: Back-End Team Lead (London, UK)
Browse more open roles across our portfolio at Race Capital's Portfolio Job Board
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