Content
@
0 reply
1 recast
1 reaction
ted (not lasso)
@ted
okay last cast before i retire to DCs and GCs: crypto VCs, why did you decide to invest in so many DAOs between 2020 - 2022ish? genuinely curious what those investment memos looked like and why you were bullish enough to invest.
14 replies
2 recasts
39 reactions
yehoshzl
@yehoshzl
I was curious about this as well last cycle, after a few private convos, seemed that: • not enough understood how collectives work and the mngmt drawbacks • Narrative FOMO: a lot of influential posts (DAO of DAOs by Packy Mckormick, A16Z etc) • Genuine belief that DAOs could be fast moving orgs with big upside
0 reply
0 recast
0 reaction
