Thread: What was your ‘Peak Bull Market’ moment from 2021/2022?
Ah the good old days. Web3, shitcoins, metaverse, Doge, random ass startups getting funded, SDEs getting over-overpaid I wish there was a way to know you’re in the good old days before you left them. Dedicating this thread to the best of the bull market moments ❤️💪
I will start: Invact Metaversity. Led by Tanay Pratap and Manish Maheshwari (very senior ex Twitter guy). They were building a B School which would be in the metaverse.
They raised $5Mn in seed!
Cut to 5 months later, founders had a falling apart, nothing worked out. Tanay continues to run it in some form.
Wtf. Just from that description I can tell it's a scam. How can someone be so stupid to invest in this bullshit
LooseGoose
Stealth
3 months ago
Bull market mein sabne kamaya hai
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Made life changing money in NFTs and Crypto , retirement goal preponed by 10 years. Finally retired in 2024 at the age of 39 thanks to peak bull. Still invested (20% of nw only)in few good projects actually building something and plan to join them to get ready for next bull
Alpha777
Student
3 months ago
What's your nw?
Random celebrities and influencers first endorsing and then quickly taking a u-turn from NFTs
Buy this video of Sachin hitting a 4 in a match against New Zealand in 2005 for Rs 1.2L only /-
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1/ Random 1cr packages :/ by coinbase in India (peak crypto);
2/ everyone was switching at some point
3/ edtech funding craze; whitehatjr getting acquired by some $200mm; every other day we had some new unicorns getting formed
In 2021 When I was had just 6 months experience.I was getting calls daily from multiple recruiters. I even grabbed one offer which offered double of my compensation at that time.
jinyang
Stealth
3 months ago
Was given the mandate to look at web3 as a sector - peak 2021/22 market, you were falling behind as a fund if you didn’t invest in crypto, NFT, metaverse, DAOs
Sourced a lot of deals, NONE made sense still had to build false conviction since didn’t want to look stupid to my Partners.
A DAO startup raised a 10million seed - got flacking since I said this doesn’t make sense, we still invested.
They eventually pivoted, no marks for guessing what they do now
BingoMadAngles
Stealth
3 months ago
@jinyang lens?
When Byju Raveendran said “byjus will become a 100 billion dollar company soon!
Made no use of it.
Just deeply regretting it by still working in TCS with peanuts salary, working 5 days from office and spending 4 hours everyday in travelling.
My biggest regret in my life is not making the best out of 2021-2022. I know folks who are earning 30-40 lpa. I’m stuck with 16 lpa. I can’t even upskill due to hectic work.
One of my equity portfolio (basket) scaled 7x from 2021🤣 I still laugh at fluke.
I was still about to graduate at that time so I can mention my first full time offers
1. SDE at a unicorn
2. APM at one of the MNCs
3. SDE at series C startup
Offers are in decreasing order of LPA but all > 18LPA
Seriously felt like unstoppable at that time lmao.
Got a good offer outside Infy in 2022 but seniors started negotiating and got a good hike along with promotion so stayed. Was happy for few days and again started looking. Let's see what happens
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