Michael Mignano

“The reality is all of the biggest markets were never as big as they were until the defining companies made them that way.”

“And so I'm excited about platforms That enable influencers or creators to take control over their entire their entire business and not be reliant on algorithms and advertising that comes out of those algorithms to get paid because as we've seen now, Meta can j…”

“So I think when we first launched, it probably lasted two months. And then I think we spent, you know, a good six to eight months constantly trying to recreate it and bring it back and do these little things to get that spark back. And it never did.”

“I think Meta has just as good a chance as them or anyone else to displace them Over the next couple of years. So I think this battle sort of will be won over the next, let's call it, 24 months.”

“I, in the early days of writing checks, I wasted my time and money on reviewing the legal docs. Like I would hire lawyers and get them to review it. And then I pretty quickly learned that like, these are all pretty standard docs. And as a tiny check writer, I …”

“So, so I wrote the same check size every single time, and the reason that I did this was You know, I think you can get into a trap of altering the check size based on your conviction, but the reality is like at this stage, the angel stage, they're all super ri…”

“So I think it has to get unbundled and then rebundled again. Like I think one of these companies will successfully take a strong position in say video or audio editing, and they will never inevitably need to ladder up into a new, you know, leverage that streng…”

“And I think as a result, there's going to be sort of this vacuum of social experiences, true social experiences. And so I think if ever there was a time for a new startup to emerge, to create a great new groundbreaking social network or social experience, now …”

“So I actually, the reason I like OpenSea and NFTs is not because of what you just said. I am not long-term bullish on the social capital aspect of the NFTs. I'm more bullish on sort of the creator based use case of it.”

“I really wanted to invest in OpenSea early on. You know, this was sort of like right, right up my wheelhouse. You know, I naturally, you know, founding anchor, I'm a big believer in, in platforms that lower the friction to enable people to create and distribut…”

“The other thing I'll say is, and I think to your point, you know, there's a lot of talk about how web three, Will enable creators to increase their take rate because the platforms are, you know, the platforms are taking too much. I will be honest. I think this…”