Founders

If you can launch a token and raise $5m, why would you take on venture capital?

Launching a token is effectively going public. The number of people you report to is 100,000X and you have to approach things with a dramatically different lens. That kills the ability to move fast and think independently when the world is invested in your every move.

Customers aren’t financially invested in the company and (probably more importantly) have no say in how its run

What the diff between than and having 100,000 customers?