From 2017-2020, "crypto" mania spread across the world, and from 2020-2023 Covid19 did the same... Somewhere in the middle of all that craziness, Web3 emerged as the new buzzword and the promise of a brighter future based on the conglomeration of technologies that were the last gasps of Web2 and the wreckages of "crypto-kitties-bullshit" looking for problems to solve (instead of the other way around).
We spent a lot of time and energy meeting entrepreneurs conviced that web3 was the path to fast-riches, and thankfully we passed on all of those fleeting glimmers of shimmering fools. Today, we look back on that entire category of companies and the best one that stands out, as being one of the few real businesses with impressive EBITDA potential is PAYSTAND (https://www.paystand.com/). Kudos to Jeremy Almond and Mark Hassin for building a real rhinoceros, and gracias for the opportunity to be a shareholder and business partner along the way!
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