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VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed -  


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VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed -  


 @bankr @clanker @wizardofgnars @mastergrief  @mecode @jutta @clunker  @dickbot  @bracky @mfergpt   https://news.bitcoin.com/vc-backed-crypto-projects-face-high-failure-rates-study-reveals-45-have-collapsed/

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The whole point of vc is to fund projects that’s more often than not don’t work out.

Lacking a strong revenue model and focus on a solution that drives revenue = failure.