Crypto founders and VCs alike unconsciously underestimate the time needed for startups to work

Startups are hard and it’s common for time horizons to be 5-10 years until a liquidity event

Because liquidity could be achieved before PMF (ie. prematurely) in crypto, mindsets became warped and disconnected from reality

Probably widens the gap between those clearly only seeking liquidity and those interested in funding truly transformational companies.

Midwest mom in a California dad bod || Ruthlessly pro Farcaster  