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Monteluna

@monteluna

Honestly, I think everyone is way too loose with the terms "Founders" and "Investors", especially on farcaster. These aren't founders or CEOs because they are legally not bound to anyone to return capital. They have no expectation to generate revenue and expand market shares. Most haven't earned a single dollar in profits at all. These aren't investors because there is no legal guarantee of fiduciary duty. Tokenholders have no expectations of future returns. Stewards of these tokens have zero obligation to grow capital on behalf of tokenholders at all. Everyone is having fun doing one-night-stand investing and company building, then they're upset when the partner ghosts. Flings are short time preference behavior and if you look at ensemble stats, of course are not rewarded over a long enough time horizon.
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