Vitalik Buterin
@vitalik.eth
It's not for founders, but it is for VCs. A subtle but important distinction that also shapes the patterns we see in many other spaces. https://x.com/tszzl/status/1795349994113057041
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Vitalik Buterin
@vitalik.eth
(and when it isn't for VCs it is for LPs, etc)
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Vitalik Buterin
@vitalik.eth
Lots of people doing major projects are genuinely fine only getting $1M instead of $1B. Problem is, people who are willing to give $5M startup capital for a chance at $1M (instead of $1B) are much rarer.
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JD
@jurisprudence
Sounds like there’s an unmet market need here for a new kind of venture investor 🤔 just as there are builders ok with just $1m, there must be investors ok with smaller returns too - for cool enough projects of course
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Prasanna Gautam
@prasincs
Yep. Many of the projects are still just features for acquisition rather than swing for fences unicorn bets but most VCs aren’t in business of making small sustainable businesses
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milili
@tomandtom
follow
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Q
@berlin
this is a problem I've faced. projects don't need to go 100x to provide real value to people
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加密大伟哥
@crypto-dawei-bro
没有vc的资金加持想要做大做强太难了，vc带来的巨大资源是项目强大的必要因素之一
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@opensailor
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