venturecapital

As a founder, investor interest in my space (RWAs) has gone up by a huge margin after Ondo’s $2b token launch. How important are benchmark numbers like that in IC meetings?

Crypto native. Building the real world’s DeFi matrix. Founder of an @EstateProtocol. I like RWAs, politics, economics, and techno.

I think most VCs will be more excited if there's a market validating data pt (like a highly valued token) bc they think a #1 in a category means there can also be a #2, #3, etc whose value will be anchored by #1. I don't like this way of thinking personally but it is very common.

Yeah, seems like the low-conviction way to invest, but very common