"and I'm your boy Jay Cal sax I gotta say I think I think your AUM is positively correlated with the bags under your eyes bigger I mean yes they're hiding they're heavy they're heavy dragging you down ..."

"Bank a win right well I think you have to put things in a bucket of like is it an investment or is it something that represents uh an idea that you love so much if it's the latter you should never sel..."

"up being about you know a billion dollars of I think Solana for us in terms of returns but um but it's the multi-coin guys determine the trading decisions on that yeah and so people who don't know Sol..."

"know what have you additionally it is a fraction of a penny for a transaction uh and it can do many more traction actions than ethereum so it's you know technically should be much cheaper if you're bu..."

"Investors and I mean for us it was sort of a Founder bet combined with a like a team like sort of a space bet like we knew the cryptocurrencies were starting to be traded 24 7. we knew it required mor..."

"a hard thing to invest in unless you're like totally focused on it I've struggled with that like I've tried to go deep on a couple topics and like I realized holy I've been in this for like four to si..."

"and you know we've we've had a couple people um do extremely well for us uh you know similar similar to David's story back in the day you know I invested uh in Barry silbert and uh DC to Market Barry ..."

"involved but otherwise they just kind of run the whole thing let me ask you guys um a, question, here, you, know, when, you look at the market caps of these projects it seems like things are changing ..."

"sets of things yeah so to look at it on a rank list and just buy something because it's cheap it's stupid no no that wasn't really my question my question was you know we we have an extraordinary numb..."

"possible but here's here's the evolution of our thinking I mean the first step was realizing okay we need to own Bitcoin why because you know there's now enough evidence where what like a decade or mo..."

"you're killing investor yeah like I'm not going to reinvent myself it's like you playing holdum versus PLL right right right exactly so but this is why we partner with multi-coin capital so what I wou..."

"everything is moving so fast um what's successful today could be just a dog tomorrow and vice versa that I think speculating in this market will um not only will it be super volatile but more than lik..."

"symbol from your e-trade account exactly so that was that was pretty incredible to see the progress they've made and then the other big bet we made was just institutional custody back in 2017 we inves..."

"tether you know I, don't, know, if you, saw, the, Bloomberg story yesterday but you know a Bloomberg reporter basically found out that tether he got the list of what tether owns with their stable coin..."

"and managed like money which was tether's original vision and then they flipped the script because I think they got greedy and now they own I think because they weren't regulated but by the way by the..."

"doing this together it can be a highly effective model for creating a system of trust and reliability and not having to you know bring in you know call it outside incompetence to overseeing the rules ..."

"really weird and I think one thing that I'll say positively about about these crypto Founders is that they uh will never allow a single Venture investor to clog up their cap table number one they do a..."

"board construction looks entirely different and then as a result you know founder protections probably go way up employee protections probably go way up it's in governance goes way down uh no I actual..."