Zhu Su: Good crypto applications don't require or benefit from venture capital funding
2024-11-02 07:12:15
Zhu Su, founder of Three Arrows Capital, wrote on the X platform that a subtle view on why cryptocurrency venture capital firms invest in infrastructure rather than crypto applications is that good applications do not require or benefit from venture capital funding (especially large-scale funding rounds) because they can achieve net profits very quickly and are cheaper to build.
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