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phil
@phil
Bluesky raises $15M in Series A on a userbase of 13M. Led by... drumroll please... Blockchain Capital! Feels like a parallel universe.
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Chinmay 🕹️🍿
@chinmay.eth
Farcaster raised 10x more $$ with 10x less users. One of them is wrong 😅
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🌹 zach harris 🥀
@zachharris.eth
What if both of them are right? Only paradigm is investing in a 10 year runway (ecosystem development bet) and blockchain capital is betting on a 2 year runway (client growth bet). Why do you believe it has to be winner takes all?
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Chinmay 🕹️🍿
@chinmay.eth
It does not justify the current valuation.
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🌹 zach harris 🥀
@zachharris.eth
Which one? Investors frequently bet on founders with successful exits. How many billion dollar companies have you founded? I haven’t so hold on my opines around valuations.
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