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by verdverm 1591 days ago
I wonder if the VCs have fallen prey to the siren's song or if they have joined the choir?

I have a hard time believing they don't ask the questions that get to the heart of the long term viability of the projects they invest in. Yet as a tech creator, I don't see much use for the game theoretic additions for the extra complexity and waste from adding blockchain.

2 comments

Can't speak about VCs, but for celebrities and promoters there seem to be questionable cross-promotions: https://maxread.substack.com/p/mapping-the-celebrity-nft-com...
VCs need to stay connected and they need access to a continuous stream of new young entrepreneurs.

They are looking for the kids that think they can takedown PayPal and visa. Give them 500k each and hope one figures it out.