$PSTH PSA to people trying to connect Chamath’s PIPE tweets to PSTH: PIPEs are to raise money as an investment. It’s then in their favor that things go well. Chamath announces shit like this as a form of self-promotion that plays to uninformed followers like he made the deal. Last time he did this he called it the best SaaS he had ever seen and that was Latch. Now he has lumped two random investments he has made into some comeback narrative tweet—even using the “fellow kids” language of Diamond Hands—to get the maximum PR out of whatever he has brewing that you’ll pretend to be excited about them forget in a week or two. ✌️
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