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People will only buy Filecoin because very well known VC firms are already backing it. And that creates trust somehow? I wonder how much it will hurt the reputa
by gourou 9y ago
People will only buy Filecoin because very well known VC firms are already backing it. And that creates trust somehow? I wonder how much it will hurt the reputations of these firms.
- MikeKusold 9y agoThat's how raising VC money works too. You get a lead investor to do their diligence and set the terms. Other investors come in and go "So&So is leading this round, I trust they did their due diligence so I'll invest too"