Not giving it your all means you don’t truly believe in it. 1/ @based16z once tried to invest in Hyperliquid at a $1 billion valuation—but was turned down by founder Jeff. For most investors, this would have been the end of the story: the project declined your money, so you move on to the next one—that’s just how the industry works. But based16z didn’t. He spent an entire year fully dedicated to positioning himself for Hyperliquid’s airdrop—and ultimately secured a massive outcome. 2/ Fast forward to February 2025. A social trading platform called FOMO announced its angel round. This time, based16z is one of the investors. So far, this looks set to be another big win. https://t.co/WN2bCgxeck