Top all-time · #12316
Fais Khan
Personal blog · startupsandecon.substack.comeconomicsstartupsbusiness
Fais Khan's personal blog at startupsandecon.substack.com covers economics, startups and business. Since 2022, 6 different Hacker News readers have linked it 7 times, most often ““You Don't Own Web3”: A Coinbase Curse and How VCs Sell Crypto to Retail”. The last post was in 2023, but the archive is still widely read.
Too few sampled comments (3) to say how often HN recommends it.?
Why HN links it
HN readers link these posts on Web3 and crypto venture capital, arguing that Coinbase, a16z and others pump and dump tokens on retail investors. Commenters cite them as background without judging them.
Summarised by Claude from a sample of 3 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
analysis on tech, finance, and life. subscribe and get the first chapter of my book ("The Billionaire's Folly") for free!
Most-linked posts?
- “You Don't Own Web3”: A Coinbase Curse and How VCs Sell Crypto to Retail3 people · 3 mentions · first linked 2022-01-15
- The Unstoppable Grift: How Coinbase and Binance Helped Turned Web3 into Venture32 people · 2 mentions · first linked 2022-02-08
What Hacker News says?
Unsurprising as I said before [0], after what happened with OpenSea [1], Internet Computer [2] and now ApeCoin [3], you get this. This is how they pump and dump on retail over again. Rinse and repeat. [0] https://news.ycombinator.com/item?id=30725449 [1] https://www.cnbc.com/2021/09/15/opensea-insider-trading-rumo... [2] https://startupsandecon.substack.com/p/you-dont-own-web3-a-c... [3] https://www.financemagnates.…
Comment linking /p/you-dont-own-web3-a-coinbase-curse
on “Insider Trading at Coinbase”Submitted “You Don't Own Web3”: A Coinbase Curse and How VCs Sell Crypto to Retail as a story · 97 points
HN discussionYes. That is the scam with them involved. We have seen these co-ordinated pump and dump schemes before with Coinbase Ventures, a16z, etc with other tokens like ApeCoin (APE), Internet Computer (ICP), ENS, Compound (COMP) and DeSO (DESO) [0] [1] getting listed immediately after dumping on retail and cashing out. Also see here: https://startupsandecon.substack.com/p/you-dont-own-web3-a-c... The web3 crypto VC playbook…
Comment linking /p/you-dont-own-web3-a-coinbase-curse?s=r
on “Web3: A VC-funded gig economy of securities fraud”Submitted The Unstoppable Grift: How Coinbase and Binance Helped Turned Web3 into Venture3 as a story · 3 points
HN discussionThis is a follow up to the previous post on how Coinbase returns underperform: https://startupsandecon.substack.com/p/you-dont-own-web3-a-c...
Comment linking /p/you-dont-own-web3-a-coinbase-curse
on “The Unstoppable Grift: How Coinbase and Binance Helped Turned Web3 into Venture3”Submitted The Coinbase Curse Revisited: Deadcoins Are a Harsh Lesson as a story · 1 points
HN discussionSubmitted Coinbase and Binance Helped Turn Web3 into Venture3 as a story · 1 points
HN discussion