Akshat_Maelstrom (@akshat_hk) on X (original) (raw)
Pinned Maelstrom Equity Fund I, L.P.* is out of the bag Let's dive in - * @CryptoHayes ' debut external fund, the first control-buyout PE fund ever to specialize solely on the crypto industry. Targets = profitable, off-chain 'picks and shovels'. Why we are building this: - Problem 1:
This is literally public housing in Singapore.
Crypto VC Funds: How LPs Get Rekt My 100K,vaporizedinto100K, vaporized into 100K,vaporizedinto56K within 4 years (3% mgmt + 30% carry) by this Early-Stage Token Fund During those 4 years, BTC 2x’d and numerous seed deals did 20-75x. Yet this fund charged fees to erase half of LP capital. [Vintage matters, sure,
Embarking on a new journey with @CryptoHayes ' family office @MaelstromFund to invest in infrastructure start-ups powering the next wave of decentralization // new models to monetize the internet. Actively deploying capital; Pre-seed thru Series A founders, please reach out.
Together, we’re going to take the $MODI token to $10MM and beyond. See video below as to why I launched it and what next steps are. Pls follow @Doland_Modi and only use this CA: 22RAPjxWKB37kYM1y4nox2NfEYR4s5dLzng6S2i6qxJ1
Update: @MaelstromFund is officially adopting @ethena ' USDe as our reserve currency. [paying vendors, funding deals, etc.]
I indeed had created the $MODI (Doland Modi) memecoin for fun during India’s election last year: dexscreener.com/solana/2lygsza…. It seems CT has rediscovered it during the recent Modi <> Trump summit. I’ll put together a plan and share soon. Feel free to share suggestions in the
I respect the business Binance has built, but this has to be satire, right 😂? Every VC and founder in the industry (including those staying silent out of fear) knows @cjhtech ’s post stated plain facts. Instead of going all CCP on us with gaslighting the public, paragraphs and
Portfolio companies...*sniff* they grow up so fast
Replying to @RitaPanahi So many white supremacists in unexpected quarters
So to be clear: - Trump’s new tariffs on China triggered a crypto crash: BTC -10%, ETH -15%, $10B in liquidations - USDe, which is backed by spot assets and short perps, became EVEN MORE overcollateralized due to positive uPNL from backwardation in perps. That’s some good
Preparing for the next bull market.
From just @CryptoHayes and me on day 1, our investment team has grown to 6. Nick (trading), Penguin (research), @etherary (vc analyst) and @lukasruppert (research analyst). You’ll be seeing and hearing from each one in the future.