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

100%... on another somewhat similar topic, do you think BTC etf were as good as everyone thought they would be?
To me it seems they've done the opposite of what everyone thought they'd do, only thing they've done is allowed big money to keep BTC range bound to make billions in fees.
I'm not sure were gonna get the bullrun we have been waiting for