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Variant

Notes and mental models on technologies of autonomy. From the team at Variant.

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Automate What You Can, Augment What You Can’t

A framework for when vertical automation wins vs. augmentation

VARIANT 4: AUTONOMY

We are pleased to announce Variant 4, a new $222M venture fund that invests at the earliest possible stage and maintains a barbell of liquid/growth investments where we participate as projects mature.

The Open API Is Dead. Long Live the Open API.

In three short years, Cursor went from a VS Code fork running on OpenAI’s API to a legitimate competitor to Claude Code and other coding models.

Where Crypto Markets Are Headed: Everywhere

We’re back on Substack!

How We’re Thinking About AI

Tasteful AI; the SocialFi stack; running the risk with tokens

Of memecoins and markets

Memecoins as “attention assets”; Farcaster startups we’d like to see

How Crypto Can Make an 'Impact'

Jake on "impact litigation" for crypto; what to watch for in Denver; portfolio news

Headless marketplaces, Farcaster frames

Jesse on a new GTM strategy for crypto founders; highlights from our Frames hackathon in NYC.

Hiring, building, and playing the game on the field

Takeaways from our hiring & compensation survey with USV; our 2024 requests for startups; and Jesse Walden on memecoins.

Points have a point in crypto

Plus: Wrapping the year with our best writing