DCF Cap is Top Tier. One of the best I’ve ever met at finding, choosing, & growing ventures.
The majority of CT thinks seed rounds are free money when it’s so far from the truth.
Truths:
1. Getting QUALITY deal flow is hard… good rounds are extremely oversubscribed and you must bring something unique to the table
2. Evaluating and trusting founders is a challenge, especially in an industry of anonymity and self custody
3. Web 3 moves quickly and understanding the market to project 6, 12, or even 24 months out is a talent
4. Supporting the projects for years with TVL, Marketing, Devs, and other resources behind the scenes takes time and commitment.
@dcfgod funding 148 different founders and giving them the opportunity to experiment is one of the reasons our industry moves so quickly.
Props for sharing both the wins and the losses along the way sir. 🫡
We have angel invested in about 148 crypto projects
Most of them went quiet, failed, rugged, ran out of cash, started new projects with our money, etc.
But just a few became ethena, ondo, bera, ethfi, initia, monad, etc. and paid for the rest
Venture math is supposed to work like this
33
12.37K
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