Tuesday, November 7, 2017

The prodigal son returns

Good morning boys and girls.

I got my first computer back in October of 1997.  I signed up for free internet with NetZero, loaded up Netscape Navigator, and through a sequence of events, now lost to the mists of memory, stumbled upon the exi list,...  and found a home in the transhumanist tribe.  I had a wonderful time with youse guys. For 16 years I came to the clubhouse every day until, in June of 2013, I bid you farewell and ventured out into the world to seek my fortune. 

"And what have you seen, my blue eyed boy?"

Now, I return with tales to tell of the wonders I have seen and the adventures I have had,... and am having.

So settle in, and be amazed.

I was once a man of modest means, wont to describe myself as "independently austere".  A late-night denizen of the undergraduate library at UC Berkeley -- it's open till 3 in the morning!  A person of no importance.  A wise ass underachiever, lazy, opinionated, self-indulgent and self-absorbed.

But lucky.   Yes, the secret to my success is my unstinting and undeserved good luck.   Many are those who lament their all-too-frequent encounters with misfortune.  "Life is so unfair!", they wail.  While you never hear those who roll the dice and win, to declare -- or even notice -- the "unfairness" of it, the unfairness of Good Fortune.   Yet that is the essence of my story.   The God of Wise-asses has made a project of me. Or, as Mark Twain has noted, "Those who are born to hang are safe in the water."

 So here's the deal:

 In 2014, my wife Gail is sitting at her computer... the years of hanging out with a techno-weenie transhumanist had had its effect ... and she says to me," This Bitcoin thing,... It looks like the wave of the future, let's invest some of the money in that."   (We had just sold our house in Canada and had a couple a hundred grand hanging around, looking for a home.) Barely acknowledging her comment, online and engrossed as usual, not even looking up, I waved my hand and said, "Go for it."

Bitcoin had just crashed, ,,, er, "corrected"... from its first peak of speculative frenzy that took it to a thousand, down to 200.  We bought 80,000 dollars worth in tranches at 300, 400, and 600 dollars per.  A year or so later we sold a piece of property in Half Moon Bay for 100k, just as Ethereum was emerging.  Caught up now in the cryptocurrency frenzy, Gail said, "Let's buy some Ethereum."  We put 50k into Ethereum at $12.  Gail might very well be some sort of savant.  Me, I'm just lucky.

And so, I began a new life.

I saw the ICO phenomena emerging from the Ethereum blockchain, and I saw an opportunity.   Gail became a voracious consumer of cryptocurrency information and my in-house research department.  We became a team.  I had transhumanist projects to fund, and so I went out into the world looking for someone to show me how to Stage my ICO's.

I found a fellow in Pleasanton, 20 years experience in failed software startups, SLAC veteran, robot hobbyist, my kind of guy.  He too had recognized the opportunity, and was looking for a funding partner.  It was a perfect match. We put our heads together, and came up with a plan to stage an ICO to fund a cryptocurrency Investment bank, Pathfinder Equity Systems.  I'm the eccentric rich guy who writes the checks, he's the experienced and grounded business guy who does the work.  "A drunkard's dream if I ever did see one."  We launch in eight days or so.

In our first stage, we'll be processing ICO's for small and medium-sized tech firms in Venture Capital portfolios.  Currently, the value in these companies, and the VC's investments, are "trapped", unable to take the final  leap to enhanced value by going public with a conventional ***IPO*** (not ICO).  That's where the cryptocurrecy-based ICO process comes into play, offering an alternative route to public trading, liberated liquidity, enhanced company value, and investment recovery-slash-profit extraction for the VCs.

Here's our website:

http://www.icopathfinder.com/

And here's a link to a sponsored article in VentureBeat, for a more detailed idea of what we're up to.

https://venturebeat.com/2017/09/29/reverse-icos-may-be-your-best-vc-portfolio-exit/

It gets better, way better.

Tomorrow: the Pathfinder Moonshot.  This is the good stuff.  You're gonna love it.

Best, Jeff Davis

     "Everything's hard till you know how to do it."
                                           Ray Charles

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