Remarkable what hustle and execution can do for a project.
On one hand, you have Pengus relentlessly building momo, clear north star, defined direction - hustling hard.
On the other, an on-paper GOATed team, deep treasury…yet leaves you wondering what the heck is going on.
The gap between Azuki and Pudgy right now is wild. Honestly, Azuki should bring Luca in as a McKinsey consultant.
$2.3B FDV vs. $190M and one raised $60M+ and the other had $10M+ (no idea guessing) -> just wild ill let you guess.
That takes me to Pump - thesis can't simply be they raised a lot bc it doesn't matter. anyways.
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