X @Solana

“Tokenization may be the answer. Zero chance anyone in crypto would fail to use an auction to price something.”Bill Gurley (@bgurley):With $FIG we have another massive "POP" highlighting the gross inefficiency in the modern IPO process. It's very simple. They REFUSE to match supply/demand (that happened today). They brag about the mis-match - "30X oversubscribed." The outcome is expected & fully intentional. ...