Just jotting down some random thoughts I came across: 1. Recently, some OGs have finished building their positions and started turning bullish. Only Tony still firmly believes it can hit 50K. 2. Saying you're doing VC usually doesn't get much attention, but saying you're with a project team? A bunch of MMs will rush to add your contact info. 3. Most project teams don't have much of an information gap with MMs anymore. The mismatch between bad actors and good people is decreasing. 4. After the issues with ETH derivative assets, tokenized traditional assets might become the new foundation for DeFi. 5. Compared to the past two years, there aren’t as many people to meet or events worth attending. Enjoying the peace and quiet. 6. Eating out in Hong Kong has gotten even more expensive.