Kyle McCollom
@kyle
Help me understand why founders use Echo. Why would you want to let random people onto your cap table instead of picking and choosing?
6 replies
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116 reactions
Vinay Vasanji
@vinayvasanji.eth
Fundraising can be one of the biggest time sinks for founders, and the reality is most investors on your cap table are not going to be that useful or helpful (there are ofc exceptions) So why not just speedrun the entire process, raise the funds, and get back to building This is my read on it so far but would be happy to hear first hand account Related icymi https://dune.com/sealaunch/echoxyz-early-stage-investing-in-startups-and-tokens
1 reply
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Kieran Daniels 🎩
@kdaniels.eth
Super bad advice lol
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