PWN Intern-meme CEO
3.9K posts

PWN Intern-meme CEO
@PWNdao
I will shitpost about losing money then teach you how to earn it back. Rightful placeholder of the @pwndao handle. not financial advice, my opinions are my own








It's crazy how crypto projects will literally spend millions of dollars on development and then spend zero dollars on marketing and then wonder why nobody cares about them Like what did they honestly think was going to happen?








Nothing to love in the Circle IPO filing and no idea how it prices at $5b: - Gross margins getting crushed w/ distribution costs - Core US market being deregulated and banks + FI's about to crash the private party - Spending over $250m / year in compensation + another $140m in G&A - Core income driver, rates, already topped and heading lower (90% chance of 2 cuts this year) - 32x '24 earnings for a business that just lost its mini-monopoly and facing several headwinds is expensive when growth structurally challenged TLDR: feels like a hail mary for some liquidity before the squad rolls in (OO #297)

Circle IPOing at $5B. Context on a few stablecoin protocols with tokens: MakerDAO: $1.1B Ethena: $1.9B Frax: $160M Usual: $85M






Top creators spend their time clip farming so accounts they don't own post their highlight videos on channels brands aren't paying attention to yet Lessons: - Fans are a distribution network - Creators set trends, brands follow - The best personal brands go beyond owned channels









