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Not for super early stage. Crypto projects cash out after a few months or so. That's pre-seed/seed startups.
by mywaifuismeta 4y ago
Not for super early stage. Crypto projects cash out after a few months or so. That's pre-seed/seed startups.
- Jommi 4y agoBut you used a binary term "illiquid" rather than opting for something more open like "most illiquid". Just wanted to make a clarificaiton for other readers. Are you aware that most crypto projects also opt into vesting patterns - and this is an increasing trend overall? Another thing that might be interesting to you is that in most countries we have close to no public information if founders sell on secondaries. Your C-Suite might have maximized their secondaries in mutliple rounds and you wouldn't even know that incentives have changed. In Crypto this is fully transparent and there are people bringing these to light on a consistent basis. Some stuff to think about!