So many crypto companies are building 100% commodity open source technology with no clear business model.

Funded by a glut of VC $$ chasing hot narratives funded by LPs with nowhere else to invest thanks to the money printer going brrrr.

What happens when the money dries up? Does it all come crashing down?

co-founder stelo.com. theoretical cs phd dropout. into math, music, ml, macro, markets, surfing, writing amandhesi.net

Hasn't the (VC) money printer stopped a year ago? 🤔

Just a regular guy exploring the frontier of the cryptoverse and blockchain technology 🥸

Maybe? not sure. private markets take a while to reach equilibrium