yesterday when, in our quarterly call with our Limited Partners at USV, we were asked if the regulatory pressure on web3 in the US would result in us cutting back our web3 investing.
To which I responded:

When they want to shut it down, I say double down

The most powerful technologies send waves of fear through the establishment.
When you see that fear in their eyes, invest in the cause of that fear.

Read more: https://avc.com/2023/05/the-freedom-to-innovate/