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Difference now is that VCs have lost interest in the crypto space. LPs are freaking out over what happened with FTX and wanting to limit their exposure and inv
by threeseed 4y ago
Difference now is that VCs have lost interest in the crypto space.
LPs are freaking out over what happened with FTX and wanting to limit their exposure and investors in general are increasingly dubious that crypto is capable of generating sustainable, highly profitable businesses.
- AviationAtom 4y agoIndeed, but I have no doubt they will be back yet again, when there's money to be made again. It's been the same with each tech economic bust, but the VCs come back and offer money again. Time heals wounds.