[impulser_]

It's definitely not far fetched for VC investors to not do any due diligence at all. Obviously not all of them, but there are quite a bit of them that just gamble with their money. Just take a look at how many of them threw money at crypto lol.

[capableweb]

Yeah, again, how many investors invested in a cryptocurrency company and then not until afterwards realized they invested into a cryptocurrency company? Because that's what the article suggests happened, which is obviously ridiculous.

[Barrin92]

>and then not until afterwards realized they invested into a cryptocurrency company?

the correct analogy here is, how many in the crypto space invested in crypto companies and didn't realize that the companies didn't actually have any original IP or product, and the answer is a ton of them