iPerry

All of Golden State’s 3-1 sins have a 25% chance of being absolved forever 🚀🙏

Independent sponsors vs PE In most auction processes, everyone assumes the story is simple: private equity has more money, so private equity wins. But that’s not how it feels on the sell‑side of the table. Many owners have a quiet bias against selling to a large fund, even before the first IOI shows up. They’ve heard the stories: cost‑cutting, culture changes, and a business that suddenly feels unrecognizable to the people who built it. That’s why I like to say: “No one ever says, ‘Since private equity bought this company, prices went down, service improved, and I’m the happiest customer ever.’” That line always gets a laugh in a room full of independent sponsors, because they know it’s not completely fair—but it’s also not completely wrong. The opening for independent sponsors is simple: you may not have the biggest checkbook, but you can offer something many sellers value more—flexibility in structure, respect for the team, a realistic transition for the owner, and a clear story for how you’ll grow what they built. If you can package that into a credible, focused pitch, you stop competing as “small PE” and start winning as the buyer who can close a fair deal and sleep at night alongside the seller.

Looks like it's $500k to join the Trump trading group

Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface. Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return. The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox. The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal. Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space. We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction. The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.

I'm just gonna leave this here..

BREAKING: Trump: Stand if you agree: The first duty of the American government is to protect American citizens, not illegal aliens.