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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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LordOfWar
@lordofwar
Raising a lot of $$$ with the right founder in a capital or marketing intensive world can create businesses that are impossible to rebuild.
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