We're going back to the world of web 3 And we're talking about a company called Story that just raised $80 million They're building a a a blockchain Framework that they will tokenize IP to Get it on the blockchain no I'm not I'm Not is this like you're punking me no I I swear to you just an Ico okay keep Going sorry then they're going to Monetize the IP that is on the Blockchain by quote giving creators the Ability to set the economic terms for How AI can use their IP and then all of This is programmable so you can call it If you need to and then and then access It we all that Jason how much money Would you put into this deal at the Terms that Andre horwith just accepted On these terms 0.0 um and I would say this is foolish I Think they have a giant fund of LP money Sitting there and they need to put it to Work and they need to make big bets here But if they put 80 million in at a 2 Billion plus valuation they own 3% of The company it's nothing it's less than A seed Investor's Target for a seed Round exactly I mean why combinator owns 7% of a company for 125 so if you just Think about where you're putting Capital This is dumb
