80% of the people on this channel are KOLs.
https://x.com/0xDubsteppish/status/1965773646322159796Now, unlike most โadvisorsโ and KOL managers who are Pro-Team, my wealth often comes from my friendships with KOLs.
I measure my success by one simple metric:
๐ How much money my network of KOLs makes.
Hereโs the rough math from my own track record of private sales (and bringing my KOL buddies in alongside me):
โ 3/10 = total write-offs, money gone
๐ค 5/10 = breakeven or modest 2โ4x
๐ 2/10 = the life-changers (50โ200x)
Our job isnโt to avoid every loser - itโs to stay in the game until the monster hits. One 100x pays for dozens of small losses. Now, letโs be realโฆ farms and larp teams are unavoidable in this space. But more than capital, its the reputation to our communities & audience that we gotta protect by avoiding such teams.
After 4 years of speaking with countless teams who hit me up for help in raising via KOL rounds, Iโve developed a strong sense for sniffing out which ones are legit.
To double down, I now have 2 full-time guys on payroll whose only job is due diligence on teams.
๐ If youโre a KOL being approached by a project and want a quick, no-BS check on whether theyโre worth your time - shoot me a DM. Iโll let you know fast what their actual intentions are ๐ฝ