#6: Digital Ocean Versus Google Cloud, Polychain’s $1Bn Fund, a16z’s $300mm Fund, How to be a Shady Hedge Fund Manager, and 2nd Layer Solutions for Ethereum and Bitcoin

It’s been an action packed week of investor heavy news. Vikram and Faizaan discuss Polychain Capital’s one billion dollar SEC filing, and how you need one million dollars to invest in them. They also look at Andreessen Horowitz’s 300 million dollar fund launch and how they are thinking about good crypto projects. They go over the shady techniques that hedge funds engage in in order to juice their returns and what a high watermark is. They also cover some alerts that QuantLayer’s platform picked up, and get into a really interesting discussion around 2nd layer solutions for Bitcoin and Ethereum.

Topics:

Google Cloud migration to Digital Ocean Their bad experience with Google Cloud The reason they decided to move to Digital Ocean Investor market news in crypto Polychain Capital's one billion dollar SEC filing Andreessen Horowitz launched their $300MM investment fund An open letter from Chris Dixon Spencer Bogart talking about bitcoin/crypto prices being depressed due to forced selling by hedge funds What a high watermark is Some alerts that QuanLayer's platform picked up
-Crypto banned in India
-Increase in exchanged hacks (over $700 million)
-Bitcoin removes alert key
-Catching telegram announcements for VeChain token swap support
-The ‘official serious discussion’ that VeChain has How ETH network has been taken up by 3 contracts First layer scaling solutions: Sharding Second layer scaling solutions: State Channel, Plasma, and Truebit What Lightning Network is Lightning network application

Links:

Form ADV Fortune article where they interviewed Olaf Carlson-Wee, founder of Polychain NY Times article on the firm Kathryn Haun Kathryn Haun's bio Chris Dixon Chris Dixon's open letter  Spencer Bogart Plasma Sharding Truebit Making Sense of Ethereum's Layer 2 Scaling Solutions Lightning Network Satoshi’s Place