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Prediction: In the next 5 years, DAOs will kill VC
- PaulHoule 5y agoYeah, the VC invests in DAO, gets involved in scams, does murder to cover up his tracks, gets caught, gets death penalty. Only trouble with this scenario is that the VC can probably hold up the execution with appeals for more than 5 years.
- WheelsAtLarge 5y agoNope, there's too much fraud and inexperienced founders in the DAO space. There's no way that investors will prefer DAOs unless that's rectified. Also, DAOs aren't a one to one replacement for VCs. So at best DAO's will continue to be an investment alternative and form of financing for new ventures.