Zach
@zherring
VC love expansive complexity. Consumers do not. It's funny that apps are funded at their most complex, then needing to devolve into the simplest. Like an elephant needing to fit into a mouse hole.
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cody
@codyb.eth
do you think this applies most to VCs that invest in crypto? or do you see it as a general trend.
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Zach
@zherring
Shooting from the hip, It probably applies _less_ to crypto VC than general VC, but only because crypto VC have a partial exit (token) baked into their modeling.
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Zach
@zherring
The expansive, "change-the-world" framing has to be there, but only because they're hoping retail buys it.
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Zach
@zherring
Like, VC basically admitting they can't invest in Consumer until Consumer proves it can pump-and-dump as well as infra is fantastic mask-off moment. https://warpcast.com/zherring/0x90ce34a9
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