Five private companies I wish I had exposure to:

- Stripe
- SpaceX
- Epic
- Plaid
- Discord

Historically, accessing these names meant you were a VC or an LP in VC firms.

Destiny is changing that. Here's what you need to know about the "BlackRock of the private markets."👇 1. What is Destiny?

Destiny is a new investment manager building a basket of tech's most impressive private companies.

Its "Tech100" index will give retail investors access to names like Stripe when it lists later this year.

generalist.com/briefing/desti…

I've been digging into Cosmos (@cosmos) over the past few months.

I asked a bunch of builders and investors to share the most exciting projects in the ecosystem. Here are 10 I'm watching closely 👀 👇 If you don't know a ton about Cosmos and want to learn, check out the deep dive we released.

Ok, onto the projects.

generalist.com/briefing/cosmos

I've written more than 1 million words of business analysis for The Generalist.

It feels kind of weird to give myself credit...but for those that are interested, here are the ten pieces I'm most proud of and why 👇 1. Union Square Ventures (@usv)

Why: I think I captured some of what makes this such a special firm. I also got to talk with a lot of those familiar with the origins which made for a rich story.

readthegeneralist.com/briefing/union…

What's happening at F.C. Barcelona is one of the most interesting case studies in business right now.

We're seeing a $5B organization, with hundreds of millions of fans, try and manage +$1.3B in debt, all while trying to win championships.

This is how they're doing it 👇 ⚽ Problem 1: Debt

Barcelona has debt. Like a lot of it. Last August it was estimated the club was $1.38B in the hole.

This stopped the club from registering players and threatened operations.

I asked 15 of the smartest crypto investors in the world which projects and trends are worth watching right now.

Here's what they said 👇 1. Toucan Protocol (@ToucanProtocol)

Toucan brings carbon-credits on-chain. This unlocks new uses like using carbon as a DeFi collateral. It's a major player in the Regenerative Finance (ReFi) space.

• From: Nick Grossman (@nickgrossman)
• Website: toucan.earth

What makes a great venture investor?

Over the past year, I've studied some of the most successful VC firms of all-time including USV, Y Combinator, Multicoin, and others.

Here are ten lessons 👇 Lesson 1: Come prepared (@coatue)

As outsiders in Silicon Valley, Coatue won competitive deals by conducting extensive research *before* meeting founders.

Arriving prepared changes everything, making for better conversations and connections.

I've stumbled across some fascinating startups over the past few weeks. Some brand new, some more established.

Here are 10 companies I think are worth watching closely, and why I find them interesting👇 1. Lootrush (@lootrushgames)

Lootrush makes crypto gaming 1000x easier. In ~10 clicks and $5, I got up and running on Axie Infinity after struggling a bunch of times before. Extremely intuitive.

Website: lootrush.com

As the writer of the article Liron cites, this is an intellectually dishonest encapsulation.

There are ~7K words in the piece, including key context on revenue and other traction.

Helium isn't perfect. But distilling it to a cheap dunk misses everything interesting about it. It's worth noting that skepticism about crypto and web3 is extremely useful. If a technology is to have value it should be tested and examined.

That is not what Liron does. Nor does he seem interested in it.

Anduril may be one of the most important companies in the world.

As 2022 has shown, the age of superpower conflicts is not over. (See: Ukraine, Taiwan.)

To deter geopolitical violence, liberal democracies need strong, modern armies. Anduril is heeding that call. 👇 If you want to jump into the full piece, here it is. Otherwise, keep reading for a rundown on Anduril:

readthegeneralist.com/briefing/andur…

I am so excited to introduce Generalist Capital.

It's been a long-time coming!

We're a $12.25M fund designed to help a small number of epic startups maximize the power of storytelling.

Here's what you need to know 👇🗻 1. We're focused on narrative power

Stories rule the world.

For startups, a great story can help attract capital, talent, and customers.

Our mission is to help epic founders create and capitalize on this power.

Y Combinator has invested in more than 7,000 startups.

We crunched the data to see how their investing has changed over time. Here are 9 interesting graphs 👇 1. Bigger batches

Everyone knows YC is funding more startups. It has increased its size by ~20% per year. At that rate, YC will be funding ~3,500 startups p.a. by 2030.

Vanta is on an audacious mission:

To secure the internet.

Here's what you should know about a business that scaled to a $10MM run rate (!!) while staying under the radar...

Then raised a $50MM Series A from Sequoia. 👇 If you want to jump right in, check out our deep dive below.

Keep reading to hear why Vanta is such an impressive company 👇

readthegeneralist.com/briefing/vanta

Have been reading the differing opinions about Terra and $UST.

Put together a list of the best threads/opinions for anyone interested. Will be interesting to look back in 6 months. Explainer from @jonwu_

https://twitter.com/jonwu_/status/1523793482850050048

Piping hot audio editions of The Generalist that have shipped in the past few days 🔥 🎧 🧠

- Multicoin
- Elenas
- TDK
- Leif Abraham of Public Multicoin: In Search of Outliers

open.spotify.com/episode/2Fxo7E…

DOERS, DREAMERS, & DEGENS:

We're hiring another engineer for Philosophical Foxes! If you're a dev with solidity experience looking to build the next generation of on-chain narrative infrastructure, on a project with 1000x upside (imo) shoot me a DM.

Cool stuff you'll do 👇🦊 1. Build a totally novel serum mechanism

Season 1 ends with "The Somni" -- a mass hallucination.

How do we get our Foxes to dream?

It involves a geo-based drop that I haven't seen anyone try yet.

DANG I've been excited for this one!

New deep dive on Dune ready for all lovers of spice melange, data analysis, or stories of companies that were basically dead and are now on fire.

An inside look at a very quirky unicorn 🔥 🧙‍♂️ 👇 Super quick --

For the whole story, make sure to read the piece. We're sharing some of Dune's internal data and strategic thinking for the first time!

First though, a few of my favorite things about @DuneAnalytics 👇

readthegeneralist.com/briefing/dune

What does it take to build a great business?

To answer that question, I'm experimenting with a new series:

The Wisdom List.

We'll unpack the lessons, frameworks, and tactical advice of elite entrepreneurs. We're starting with Leif Abraham, co-CEO of Public.

👇🧵 I've known Leif for 6 years and have watched him build two businesses.

I asked him what he wishes he'd known when he was just getting started.

His 8 lessons...

readthegeneralist.com/briefing/leif-…

This week, we sent our first monthly update for Philosophical Foxes.

It's been a heck of a month! Here's what we've been up to 👇🧵 1. HIGH

We created our "Seven Maxims" the values that define our community. These were created in tandem with the whole Fox skulk!

Civis vulpes sum!

mirror.xyz/0x643D06108d46…

The Multicoin Trilogy is officially complete:

• Part 1: The Outsiders
• Part 2: How to be a Contrarian
• Part 3: In Search of Outliers

If you want the full story on a truly historic first-time fund, give it a read :) Part 1

The story of how Multicoin got started and their insane performance.

readthegeneralist.com/briefing/multi…

How can you find the next Solana?

A good place to start is by looking at where Multicoin Capital is spending its time. After all, no one won bigger on 2021's breakout project.

Keep an eye out for 3 themes ...👇 1. Composability
2. Data DAOs
3. "Proof of physical work"

What do these mean? Jump into the piece to get the deep dive. Or keep scrolling.

readthegeneralist.com/briefing/multi…

EXCLUSIVE UPDATE:

@AngelList has raised a new $100M round at a $4.1B valuation. The round was led by Tiger Global with Accomplice and others joining.

Here's everything you need to know about the round👇 1/

To jump straight into the news — and learn why AngelList is one fire — here's my piece.

It's a deep dive into every facet of the company, including this round.

readthegeneralist.com/briefing/angel…