Seed and A financing: disrupted.

Now that you can raise $5M/year online, the new strategy for any founder may be to (a) set up an equity crowdfunding link, (b) get a few brand name angels, and (c) tweet it out and have them RT.

Easier for everyone. And way faster. https://twitter.com/shl/status/1374047428614135812

The concept of users/customers as investors directly overlaps with crypto as well. See this post from 2017. https://news.earn.com/thoughts-on-tokens-436109aabcbe

Every part of the angel/VC pipeline is being disrupted by online tools.

Angellist: raise rolling fund online
http://Republic.co : raise equity online
Carta: put cap table online
Token sales: fund your protocol online
USDC: send wires online
Twitter: build relationship online

Add in Robinhood, the rising market, and liquidity from crypto, stimulus, IPOs.

Everyone gradually becomes an investor and a much larger share of future income is cap gains.

Yes, much is inflation-driven, but on the way to monetizing the debt they will financialize the economy. https://twitter.com/balajis/status/1188014806709633025