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qw
@qw
Founders are worried about losing to competitors who raised more money. In actuality I’ve only seen counter-examples: Tensor beat magic Eden with 2 orders of mag less $. Solana beat other L1s with 2 order of mag less. Jupiter raised 0, all VCs passed. Less money = more sense of urgency more chip on the shoulder.
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Alex
@alexvalaitis
In what world did Solana not raise a ton of money? Aren’t they notorious for having a ton of VC capital from the early days?
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