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    Crypto by @ttunguz

    Venture Capitalist at Theory

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    Crypto

    2022

    Five Mid-Year Predictions for Web3

    May 11

    The Critical Question Facing Web3 Infrastructure Startups

    April 29

    The Rhyming Protocol Wars of 2022

    April 20

    Four Fundamental Innovations of Web3 that Will Upend Web2 Incumbents

    April 7

    $112m of Market Cap per Engineer

    March 31

    Inflation and Deflation in Web2 and Web3 Startups

    March 27

    The App Store Model Comes to Web3

    March 21

    Guess the Startup Answers

    March 14

    1/9/90 in Crypto

    February 28

    The New Discipline Web3 Software Companies Must Develop

    February 9

    How Much Money is Flowing into Crypto?

    February 1

    How Correlated are the Web 2 and Web 3 Software Markets?

    January 13

    The Top Sectors of Web3 in 2022 by Revenue

    January 4

    2021

    Tokens as CAC - Are Crypto Companies More or Less Efficient in Acquiring Customers?

    December 17

    Justifying Token Equity Multiples using GDP Data

    November 16

    The Two Cap Tables of Crypto Companies: What They Are and How They Relate to Each Other

    October 11

    Crypto Companies Insider Ownership is Approaching that of Classic Startups

    October 3

    How Will We Value a Crypto Token?

    September 6

    You'll Never Login the Same Way Again

    August 23

    My Mental Model for the World of Crypto

    July 9

    2018

    An Era of Fundamental and Massive Change - The Capital Markets Innovation of the ICO

    January 11

    2017

    The Parallel Between Cryptocurrency and Continentals

    November 26

    Just How Disruptive Are ICOs to the Classic VC Model?

    November 5