Replying to Avatar UNCLE ROCKSTAR

One trend that has concerned me greatly over the years was the (miss)allocation of venture capital funds towards "crypto" vs Bitcoin.

Unfortunately, the situation is even more dire than I expected. The latest research from Trammel Venture Partners shows that only about 1.31% of total Venture Dollars Invested in "crypto" made it to Bitcoin.

See the research here, and please retweet / like if you're alive on Twitter:

https://twitter.com/trammellvc/status/1651594682621673472

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Habanero 2y ago

VC d-bag money in VC d-bag town likes to stay in VC d-bag town

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UNCLE ROCKSTAR 2y ago

I'm still confused by how much money they so easily burned... a lot of those crashes last year were caused by over-funding... I guess allure of easy money is too strong.