Anecdotal: 5 of my 2022 angel investments have pivoted from crypto to AI in the last 2 months. No judgement, just a telltale sign of crypto winter.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

How bullish do you remain in these companies? It's a bit of a red flag, isn't it?

Founder of Readnet • Building https://Watchen.xyz •  https://tazes.me

Plenty of companies pivot. Bet is on the team. Building is hard—so I'm glad the teams are taking another shot vs. shutting down.

Pivoting is a part of the journey. I’m skeptical because of the particular technologies. If they failed with a crypto product and then moved on to solve a problem using IoT, then we wouldn’t even talk about it. Maybe I’m just missing the point here.