Another important note of the fiat VC standards, it’s a “numbers game” of betting on a bunch of different companies hoping one or two bring in BIG WINS that will forgo the losses; however they mostly succeed in isolation towards monopolistic behaviors.

A #bitcoiner VC fund like Ten31 plays in an ecosystem where all their horses in the race benefit from each other. That’s the beauty of #Bitcoin. If one company succeeds, its tide lifts all boats 🌊🚤