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Ah, interesting. The reason I ask is because I’ve spent most of the past 7 years doing the same, and my perception has been very different. I know many of the

Ah, interesting. The reason I ask is because I’ve spent most of the past 7 years doing the same, and my perception has been very different. I know many of the accelerators, most my friends are startup founders or early employees and only one is focused on anything crypto-related at work (and even then, it’s tangential).

senttoschool 4y ago
I'm first and foremost, from Silicon Valley. I've worked in SV for many years. I understand the startups here and the types of startups here. The number of crypto startups relative to non-crypto startups in SV is much smaller than in Taiwan. That's how my perception is shaped.
- AlchemistCamp 4y ago
  I was in SF/MV from 2012-2015 and then back in California for most of 2022, so I also spent a lot of time in both places. It must come down to timing and who we each met over the past decade. YC certainly hasn’t been adverse to crypto startups: https://techcrunch.com/2022/09/07/y-combinator-crypto-investment-summer-2022/amp/ https://techcrunch.com/2022/09/07/y-combinator-crypto-invest...
  - senttoschool 4y ago
    In 2021-2022, everyone was hyped about crypto. SV too. But even so, the crypto to non-crypto ratio is much lower in SV than in Taiwan (and Asia in general such as HK, Taiwan, Singapore, Thailand, Vietnam, South Korea). In general, people in SV are far more skeptical of crypto. Asia is/was doing a lot of crypto because the people and governments there perceive it as an opportunity to build their own tech communities, like Silicon Valley. They can't catch SV in traditional tech companies, so they want to jump onto the next "big thing". What the governments don't understand is how crypto is only used for exploitations. And crypto companies are notorious for overselling the use cases and "technology" of blockchain since that's how they make money: marketing before building. This is why I encourage Taiwan's tech scene to not waste talent on blockchain/crypto.

senttoschool 4y ago

I'm first and foremost, from Silicon Valley. I've worked in SV for many years. I understand the startups here and the types of startups here. The number of crypto startups relative to non-crypto startups in SV is much smaller than in Taiwan. That's how my perception is shaped.

AlchemistCamp 4y ago
I was in SF/MV from 2012-2015 and then back in California for most of 2022, so I also spent a lot of time in both places. It must come down to timing and who we each met over the past decade. YC certainly hasn’t been adverse to crypto startups: https://techcrunch.com/2022/09/07/y-combinator-crypto-investment-summer-2022/amp/ https://techcrunch.com/2022/09/07/y-combinator-crypto-invest...
- senttoschool 4y ago
  In 2021-2022, everyone was hyped about crypto. SV too. But even so, the crypto to non-crypto ratio is much lower in SV than in Taiwan (and Asia in general such as HK, Taiwan, Singapore, Thailand, Vietnam, South Korea). In general, people in SV are far more skeptical of crypto. Asia is/was doing a lot of crypto because the people and governments there perceive it as an opportunity to build their own tech communities, like Silicon Valley. They can't catch SV in traditional tech companies, so they want to jump onto the next "big thing". What the governments don't understand is how crypto is only used for exploitations. And crypto companies are notorious for overselling the use cases and "technology" of blockchain since that's how they make money: marketing before building. This is why I encourage Taiwan's tech scene to not waste talent on blockchain/crypto.