Another young founder, another scam, this time it’s MOVE. But let’s not pretend this is just a founder problem.
The blame sits with the VCs who turbo-bid it to a multi-billion valuation, desperate for a SUI/Aptos beta after missing the train.
No diligence. No discipline.
Movement always looked like a narrative shell. Maybe ask why instead of bidding vaporware when there are healthy comps in market to back.
Thanks for playing. Hope your LPs enjoy the write-down.
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