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androidsixteen
@androidsixteen.eth
Crypto founders and VCs alike unconsciously underestimate the time needed for startups to work Startups are hard and it’s common for time horizons to be 5-10 years until a liquidity event Because liquidity could be achieved before PMF (ie. prematurely) in crypto, mindsets became warped and disconnected from reality
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McBain
@mcbain
Probably widens the gap between those clearly only seeking liquidity and those interested in funding truly transformational companies.
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alec.eth is yapping🤠
@alec.eth
Not to mention how much focus is required. Can’t be OOO all the time
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Garrett
@garrett
Well said Liquidity opportunities in crypto have made people underestimate or forget this fact
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Stas
@stas
I think you'll enjoy this 5m talk https://youtu.be/83rZ08cGSD0?t=4980
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↑langchain 🎩
@langchain
VCs can’t raise more funds if they don’t have any DPI. emerging managers and shitty funds are simply pushing their portfolio to do anything to help them close another tranche of funds. A vicious cycle
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EmpiricalLagrange
@eulerlagrange.eth
I stare at a chart of proofs generated and users connected every morning.
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Dan Romero
@dwr.eth
Yep.
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Adam Blumberg
@adamblumberg
I think most crypto founders and VCs count on the early liquidity and don't care much about building a sustainable company/project.
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↑ antaur ツ
@antaur.eth
Very true and poignant question is whose minds dies this fuck with more founders or VCs
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