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Has anyone done an investigation into how this current issue, Luna previously, etc. is hitting the various VC cheerleaders? a16z in particular for their rampant
by ctvo 4y ago
Has anyone done an investigation into how this current issue, Luna previously, etc. is hitting the various VC cheerleaders? a16z in particular for their rampant pumping.
- dQw4w9WgXcQ 4y agoVCs got in at stupid early prices on a lot of these projects, unlikely they're hurting. a16z if you hadn't noticed was shilling Solana hard through their latest "State of Crypto" deck. What is hurting though is all the project and company grants that rely on the value of the underlying token. You've got a lot of crypto startups who have to sell on the open market to continue ops that will start to feel the heat.