venturecapital

The really weird part about VC is that the feedback cycles are so long that people can build up reputation as being a popular or even good VC without actually having made any investments that return capital for the fund

Co-founder @bountycaster (bountycaster.xyz). Co-producer @ethereumfilm. Previously co-founder of Scalar Capital and product at Coinbase

Do you think this leads to a lot of “tourist” VCs who are more focused on their personal brand than actual returns? (Like a fake it till you make it situation )

 Typo-prone | Football enjoyer | I draw sometimes

add in the "token VC" who doesn't even care about the equity but just needs the venture to get popular enough to become liquid fast with a nice multiple