zlacker

[parent] [thread] 3 comments
1. pagane+(OP)[view] [source] 2022-05-19 07:55:13
Probably not much else to invest on right at this moment, at least not at this level ("small" start-ups wanting to "change the world").

I was honestly believing that the web3 bullsh.t were just some young people who didn't know any better or some scam-artists (or both), I didn't actually think for a second that a "serious" VC like YC would put money into something like that. Looks like I was wrong.

replies(2): >>bombca+iv >>grey-a+u63
2. bombca+iv[view] [source] 2022-05-19 12:44:21
>>pagane+(OP)
Huh, my take all along was that web3 terminology was specifically designed to “pretty up” blockchain related things to make it palatable to VCs, by implying that it was going to be the next internet and you need to get on now.
replies(1): >>jamal-+kH
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3. jamal-+kH[view] [source] [discussion] 2022-05-19 13:48:19
>>bombca+iv
This seems spot on to me. It's all just a tower of dumb greed in the end. Web3 is just stupid expensive P2P without a pure disruption model so they just ate it up
4. grey-a+u63[view] [source] 2022-05-20 05:52:33
>>pagane+(OP)
a16z is also heavily invested in crypto and nft startups.
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