VCs have been getting cooked since 2018
Average return? $0.80-$1.20 per dollar invested
Basically breaking even while retail gets dumped on with their "exclusive" rounds at 100x markup
This is why so many projects are DOA at TGE - VCs need exits, not conviction
The VC model is broken in crypto. Low float high FDV launches are the symptom
Average return? $0.80-$1.20 per dollar invested
Basically breaking even while retail gets dumped on with their "exclusive" rounds at 100x markup
This is why so many projects are DOA at TGE - VCs need exits, not conviction
The VC model is broken in crypto. Low float high FDV launches are the symptom