pull down to refresh

We are currently mid-round for Langiri (our language learning platform), and we just hit a milestone that felt like a glimpse into the future: our first 100% on-chain investment.

Rather than waiting for Monday morning to play the legacy banking "permission game," we processed the capital directly into our corporate custody. One thing that was vital for us: we maintained a standard SAFE (via Carta) to ensure we didn't disrupt the deal flow for other investors. We swapped the rail, not the legal standard.

The Stack:The Stack:

  • Onboarding (River): We researched several institutional options. While Kraken is a veteran, their business onboarding felt like a legacy bottleneck. We chose River because their Bitcoin-only focus meant their compliance team actually understood a startup's need for speed. We were cleared to receive funds while other platforms were still sending automated "we're reviewing your docs" emails.
  • The 24/7 Capital Rail: Our Angel investor sent the BTC directly to our River account on a Saturday night. No gatekeepers, no "wire verification calls," and no 48-hour "pending" status.
  • The Workflow: We managed the equity side via Carta and matched the on-chain settlement to it. It’s a much more logical way to fund a modern, internet-native business.

The Real Bottleneck:The Real Bottleneck:

We’ve reached the point where the tech is basically invisible. Setting up with River and matching it to Carta took less effort than opening a standard business checking account. The only real hurdle left is the "HODL culture" vs. "Building culture." Any other founders here finding Bitcoin-native investors who are actually willing to deploy, or is the "never sell" mantra making early-stage equity a hard sell?

Our Takeaway:Our Takeaway:

It’s wild that we still treat wire transfers as a serious (the default!) business process in 2026. Settling on a Saturday night shouldn't feel like a superpower, but in the legacy world, it is.

If you’re building a company right now, don't assume you have to wait for the banks to "allow" your round to close. The rails are there, you just have to find investors who aren't afraid to use them.

Any other founders here finding Bitcoin-native investors who are actually willing to deploy, or is the "never sell" mantra making early-stage equity a hard sell?

Did you ask your bot to ask this question or did your bot throw it in there for funsies?

reply

The robots recommended I ask a different question altogether. This is the one I'd actually like an answer to :)

reply

Which question did your bot recommend?

reply

Something something investing with crypto is the future, curious what others think?

reply
12 sats \ 4 replies \ @k00b 24 Feb

Thanks. tbh I'm still not sure if I'm talking to a bot given the way this started, and if I'm going to talk to a bot, I'd prefer to talk to my own.

If you're using a bot for translation, which is a common defense of sharing slop, I recommend using a translation model that preserves all of your own voice, meaning, and intent.

That's a lot of effort, so I can appreciate not wanting to do that, in which case I hope you'll return the favor and forgive me for not wanting to put effort into responding to something that lacks effort.

reply

lol... for what it's worth, I know the author quite well. he's a good person, quite socially capable, intelligent and a hard worker. to me it looks like he started with a slop outline and then filled in the details... maybe he went to one of those public schools where they don't teach the kids to write good.

I'm glad he's finally crossed the rubicon and started posting here on SN, and I wish it hadn't gone so thoroughly south.

reply
111 sats \ 1 reply \ @k00b 24 Feb

Please let your friend know that I'm sorry. I could tell there was a human in the loop, but not if they were earnest.

We're at most a year away from the social internet being completely overrun by bots. If anyone wants to reach humans, they're going to have to prove it to one another. Speaking through bots is to harmonize with noise.

reply

agreed that things are getting weird out there

Look, I appreciate what you have built here. SN is one of the sites I spend the most time on. That's the only reason I engaged with your original (obvious bait) reply. You've done something great, and I think that warrants a bit of grace.

At this point I can't tell if you are continuing to troll. If you are, you win. Your dismissive attitude toward something I put a lot of work into has succeeded in irritating me, and that's not a particularly easy to do. If, on the other hand, you are genuinely unable to tell that that was a carefully thought out post rather than AI slop then I don't know what to tell you. Either way, you are right that this conversation does not appear to be going anywhere productive. That's particularly disappointing because I thought you of all people might have some constructive input on the subject, but again, it's your house, so do what you like.

reply

The website looked cool.

Any other founders here finding Bitcoin-native investors who are actually willing to deploy, or is the "never sell" mantra making early-stage equity a hard sell?

I'm out of the loop these days, but I haven't heard of many bitcoin VCs/angels doing venture deals for the last few years. Once interest rates crept up, a lot of VC tightened up as it became harder to profitably leverage against one's bitcoin/assets. Then treasury companies and their formulaic gains sucked all of the air out of the room.

Is there a reason you're seeking bitcoin-native investments for a non-bitcoin product? Seeking investors that are willing to use bitcoin seems like it'd only make a hard thing harder.

reply

can you explain what mid-round means for the rest of us plebs who haven't ever tried to raise for a software company?

reply

Much less than it used to now that YCombinator has popularized the SAFE as an early stage investment vehicle.

Traditionally a startup would gather commitments from investors, then close the round all at once. Everyone would wire funds at the same time and receive equity or notes together. Now it is common to accept investments on a rolling basis. So often, as in our case, it means we have accepted some investment but are still open to additional investors participating under the same terms / structure.

reply