This hypothetical only holds true if so-called “tokenized” founders don’t have an inherit desire to succeed on the same level as any other founder. I really ca

This hypothetical only holds true if so-called “tokenized” founders don’t have an inherit desire to succeed on the same level as any other founder. I really can’t think of any founder I’ve ever met who would not take a pot of money because of certain strings attached (though I’ve heard of extremely privileged founders who can say yes/no based on track record or reputation). In fact, I see founders contort their vision every which way to meet specific investment criteria. Similarly, I don’t know any VC who at least wouldn’t try to be in compliance AND find good investments. Maybe they would try and then default to the perspective you’ve described but I think it’s much more likely they would try to cook the stats (given the overall lack of accountability in the space) before propping up some “token” founder-in-name-only (again, an assumption I’d challenge). Edited for spelling.