How to get URL link on X (Twitter) App
https://twitter.com/MakerDAO/status/10442100951591690242/ according to a blog post, the $15M will be used to fund the next 3 years of operating costs. i'm sure people think this is a great sign for the project - being able to recruit high quality capital. but, i think this is a massive failure in governance and project management.
https://twitter.com/twobitidiot/status/10210212292543979532/ part of being a VC is finding great companies that are likely to create a lot of value. a lot of being a VC is about controlling your entry price (as low as possible) and maximizing your exit price (as high as possible) to juice your return multiple.