Is the return of public sales officially here? MegaETH’s massively oversubscribed community sale reignited the question. Will more projects follow similar paths? Our own @davidgan1818 shared his perspectives during his recent sitdown with @bhpollack and @HuttCap, providing his viewpoints and the underlooked aspects of community sales and venture strategy during bull and bear market. 🧵 Find the full episode and key takeaways below.

5/ Venture investment during bull vs bear market： Inception historically deployed more during bear markets. Bear markets force discipline on valuations, portfolio construction, and ultimately exits. We may still be in an altcoin bear market, but traction is clearly emerging in select verticals. What we’re in right now isn’t a clean bull or bear but a transition phase.

Thanks again @HuttCap for having us on the podcast! Timestamp of the episode ⬇️ 01:30 David's background incl. Chinese trad VC funds the early days at @HuobiGlobal 05:59 Overview of Inception and the dual early stage VC / FoF model 11: 50 Focus areas for Inception including tokenization 19:40 Current token valuation dynamics and the impact on venture investing. 32:55 Community Driven Public Sales (example of MegaEth) 38:52 Inception’s Strategy for Bear and Bull Markets. 44:13 Why Nimbe, Smaller funds are a better investment