[polynox]

So you would refuse to fund Google (Larry and Sergei being PhD students at Stanford at the time) because they "[have] no business experience"?

[kristianc]

Google’s initial VC funding round pre-IPO was something like $25m. Even allowing for inflation you see that kind of money tossed around on pre-revenue NFT startups based on a pitch deck today.

[threeseed]

Can you provide examples.

Pre-revenue NFT startup raising $25m pre-seed in this market ?

[quickthrower2]

It is a funny concept because with NFT they are selling the Brooklyn Bridge over and over again - there is no excuse to be pre revenue!