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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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Feddas🎩
@feddas
Uh. Solana raised a ton of money. Not sure where your cherry picking your data from.
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qw
@qw
They almost died before launching. Raised far less money to get to the market. Got to the market before other alt l1s. And won.
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Feddas🎩
@feddas
Sauce? When you say other alt l1s who are you talking about?
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qw
@qw
Maybe there’s public data on crunch base or something. But main sauce is I talk to toly and founders of other l1s. Toly gave a private talk to me and our founders about how Solana almost ran out of money before launching. Which forced them to launch faster than everyone else.
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