Whitetail.base.eth

The shift in the crypto fundraising landscape the past 6 months has been insane. Crypto VCs used to have to constantly be networking/writing/podcasting/going on spaces/promoting your thesis/getting on 10 deal flow calls a week, to get into good deals...now it's literally enough to just have capital to write checks. Deals are being pushed rather than dug out. Inbound if people know you have money is at an all-time high. Most firms are either 1) Out of money 2) Moved to Series A and beyond or 3) Fundraising (with no success). Deals that used to close in 2-3 weeks now close in 2-3 months. Firms with questionable business models or copy pasta of the latest trend are getting zero primary or follow-on funding (Good news!). There are now realistically <20 firms writing checks in pre-seed/seed. VCs basically have the pick of any deal they want, with more time to do DD. IMHO 25/26 are going to be historic vintages for those who stick around.

California is again leading the charge against large-scale identity theft and hospice fraud. Today, we're taking decisive action against 14 providers who tried using stolen identities to bill Medi-Cal for nonexistent hospice services.

Iran says the U.S. agreed to: 1—Commitment to non-aggression 2—Continuation of Iran’s control over the Strait of Hormuz 3—Acceptance of uranium enrichment 4—Lifting of all primary sanctions 5—Lifting of all secondary sanctions 6—Termination of all UN Security Council resolutions 7—Termination of all Board of Governors resolutions 8—Payment of compensation to Iran 9—Withdrawal of U.S. combat forces from the region 10—Cessation of war on all fronts, including against Hezbollah in Lebanon

ETH/BTC cross is getting very interesting here and is consistent with the rising business cycle (ISM) and rising liquidity... 1/