"Project X has Coinbase Ventures as investor. Therefore, Coinbase must be pulling the strings."

Coinbase Ventures has virtually zero input over the roadmaps / strategies of the companies they invest in.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

lol I have heard founders complain that they can't get coinbase to pay attention after being a ventures company

As a Coinbase Venture company... literally zero

people just make things up to rationalise why a company is behaving a certain way 😆  

Exchanges (not venture arms) shaping roadmap is kinda true though

I would assume that given the legal guidelines, especially as a publicly traded company, that department has to be completely isolated from their listings decisions as well?

imo the stalling of alt szn get people to fill the void with all sort of fantasies. but also typical of web3 how few ppl actually understand the basics of risk investments whether thats TradVC or onchain funds