3 ms·
> Meanwhile he had his hands in various bullshit crypto (not hating on crypto, just the projects) defi startups. Your confusion is assuming that "bullshit" mea
by gowld 4y ago
> Meanwhile he had his hands in various bullshit crypto (not hating on crypto, just the projects) defi startups.
Your confusion is assuming that "bullshit" means "unprofitable". Plenty of projects turn profit for their owners.
- prohobo 4y agoMaybe. In any case, it seemed to be much more about extracting profit through facades rather than funding real products.
- searchableguy 4y ago> In any case, it seemed to be much more about extracting profit What do you think purpose of a fund is? To provide returns for their LPs. You need to pitch to an angel investor who might care about the mission than a business fund.