Show HN: A decentralised VC firm using Bitclout? Experiments are fun. I recently came across Bitclout, and I love the underlying concept. It’s ballsy, will it work? — time will tell. I think Bitclout as a thesis is moving towards the right direction. Decentralised Social Media networks will be the next thing and allowing users to own their own social equity and monetise that is the future. Last year I started an experimental fund, Khoob (www.khoob.group) The idea was to invest in and build interesting Indian companies (a Betaworks / Expa for India). Thus far we have made 4 investments, and are building 4 companies. At Khoob I’m the solo GP, no LPs — so plenty of room to experiment. Currently Bitclout is aiming at helping individuals productise themselves. Individuals are brands, so why not an actual brand? The VC (venture capital) space is also undergoing a metamorphosis (eg. Sahil Lavingia's recent distributed raise for Gumroad). With that said we setup : https://ift.tt/3unrq5C Currently the revenue into Khoob comes in the form of: 1). Dividends from investments / companies we have built. (Revenue Sharing) 2). Carry from liquidation events. (M&A, Secondary Sales). At the end of Q2–2021 we will be using 10% of our proceeds to purchase Khoob coins on Bitclout. Purchasers of our coins will be invited into a mailing list where we will be opening up data regarding current / future investments and companies we are building. This experiment will be about understanding whether we can decentralise Khoob as a fund and bring on (micro)LPs in a radically different way. Would love your thoughts/feedback. April 5, 2021 at 04:00AM
Women Pioneers at Muni: Adeline Svendsen and Muni’s First Newsletter By Jeremy Menzies To close out Women’s History Month, here’s a look back at one woman whose work to bring Muni staff together in the late 1940s created a legacy that lives on to this day. Adeline “Addy” Svendsen was founding editor of Muni’s first internal newsletter, “ Trolley Topics .” Adeline Svendsen sits at her desk in the Geneva Carhouse office building in this 1949 shot. Trolley Topics was a new venture when it started in February 1946. As Svendsen wrote in the first issue it was created, “to bring a little fun, a little news, and a lot of good will to all our fellow employees in the Railway.” Just two years prior in 1944, Muni merged with the Market Street Railway Company, expanding the small municipal operation into the largest transit provider in the city with hundreds of employees, vehicles of every shape and size, and dozens of facilities scattered across town. The newsletter was meant to help unite ...
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