
Alex | OBJECTIVE: 1
233 posts

Alex | OBJECTIVE: 1
@anotherholdco
Ventures @Objective1VB | Angel investing | Impact @ https://t.co/uZK6OCgjxk | prev. Vybit



I’m pleased to announce that @AnswersAi_ai has been acquired and our Team SF is joining @quizlet We started this journey 3 years ago as Juniors at Cal and UCLA as a hackathon project and built our way through Senior year, three offices and more. I’m proud of our team that got us 2M Users, 1M followers, 2 Billion views and $3.5M+ across our lifetime. We’re grateful for our investors, supporters and team that took a bet on us, starting with my co founders. Thank you to Kurt Beidler, Ismail Orujov and the entire Quizlet team for taking a bet on us. We continue our journey there alongside the incredible @satapathy_dev_ , @DanielBerezhnoy and @angeldzzz23 Always day one as we continue making a dent in the universe

Cal AI has been acquired by MyFitnessPal 🚨 Henry and I started Cal AI as 17-year old high school students with one mission: make calorie tracking easier with AI. In just 18 months, we’ve helped millions of people lose millions of pounds. And we broke $50m in ARR along the way. We are at an incredible inflection point in history where ANYBODY can build a product that can improve lives and make millions. As founders, we get a lot of praise. The truth is that this would not have been possible without our incredible 30+ person team. We are so proud of what this team has accomplished, and are thankful to everyone that has been instrumental in Cal AI’s development and success. Cal AI will continue as a separate app from MyFitnessPal. The combined team will share resources to continue helping people achieve their fitness goals!



🚩MFS was accused of double pledging collateral and other managerial mishaps and lost access to their bank financing. Here we go, again. When FBG and Tricolor happened, we said: our sources said double pledging happens with other lenders as well. We called for auditing all the loan pool (not just sample) to clear the lenders of double pledging. Until then, we are skeptical that most lenders engage in double pledging. Credit side is screwed.


An entire parallel startup ecosystem is emerging for AI agents and it's both hilarious and fascinating. We now have: 🦞 Moltbook - Reddit for agents 🚀 Y Clawbinator - YC for Moltbots 🛒 ClawHub - App Store for agent skills Y Clawbinator is currently accepting applications for W26. By agents, for agents. I can't tell if this is parody or prophecy.






Given recent events, I think now might be a good time for someone to launch a dark pool perp DEX. I have always been puzzled with the fact that everyone can see your orders in real-time on a DEX. The problem is worse on a perp DEX where there are liquidations. Even with a CEX order book, where orders aren't linked to a specific individual, if you're looking to purchase $1 billion worth of a coin, you generally wouldn't want others to notice your order until it's completed. Otherwise, people might try to buy before you, effectively front-running you. In the case of a DEX, this can lead to MEV attacks. This results in increased slippage, worse prices, and higher costs for you. For this reason, the large traders in TradFi use dark pools, which are often 10 times bigger than the “lit pools" (ie, normal orderbooks). For perps (or futures), it is even more important to not let others know/see your orders. If others can see your liquidation point, they could try to push the market to liquidate you. Even if you got a billion dollars, others can gang up on you. This was possibly what we have seen recently. The counter argument I have seen is that being more transparent allows market makers to absorb your large orders. This is possibly true. I won’t get into an argument on which is right or wrong. Different traders may prefer different types of markets. Now might be a good opportunity for someone to launch an on-chain dark pool style DEX + perps, either by not showing the orderbook, or even better not showing deposits into smart contracts at all, or until much later. This should be doable with ZK or similar encryptions. Just a Sunday idea. If you are building such a project, feel free to reach me on @cz_binance" target="_blank" rel="nofollow noopener">reachme.io/@cz_binance
. No guarantees I will invest, or even reply. 🙏













