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

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.

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.