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martin ↑ pfp
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@martin
honestly sometimes these days I do feel like a lot of crypto is smart-looking vaporware propped up by ZIRP VC dollars that need to be allocated
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krel
@krel
honestly must be rough as a crypto VC, where do you even allocate in good faith?
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@martin
I’m not sure tbh probably BTC lol
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@martin
Or a lot of smaller rounds but that’s basically impossible for a16z/paradigm size funds
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krel
@krel
ya they wouldnt typically write sub 1m checks, and even that is low but like, assume they could write 250k checks -- are there even teams/ideas promising enough to pick that up?
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@krel
sub-thought: i wonder how much firms like a16z are hurting when yc is not feeding the funnel
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