six pfp
six
@six
another thing unclear to me is what the future of venture looks like in the ai era maybe venture shifts to focus mainly on capital intensive stuff (hard tech, foundation ai companies) and less pure software businesses so what is the function of a crypto vc specifically in that environment?
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six pfp
six
@six
simultaneously, until there are tokens that accrue value directly from protocol -- requiring regulatory changes there are not really any long-term investable liquid tokens either i dont get how anyone could raise outside capital for a new crypto fund at any stage with the above two realities in mind, that isn't like an l/s trading firm
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JB Rubinovitz pfp
JB Rubinovitz
@rubinovitz
Bad news if so because a lot of crypto funds run out of funds this summer and need to raise again
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six pfp
six
@six
funds across the board prob hard to raise in new macro env i imagine, not exclusive to crypto
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