Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Uniswap founder: Founders and VCs need to stop valuing startups and pre-coin crypto projects at more than $1 billion

Uniswap founder: Founders and VCs need to stop valuing startups and pre-coin crypto projects at more than $1 billion

CointimeCointime2024/05/09 01:37
By:Cointime

Uniswap founder Hayden Adams posted on social media that cryptocurrency founders and venture capitalists need to stop valuing projects at over $1 billion in the early stages of development and before tokens have been released, until they are truly worth that valuation. Building something worth 7-9 figures is an incredible achievement, and not every project needs to be a unicorn at launch. Additionally, Hayden Adams said, perhaps it's naive, but I think raising funds as a founder at a fair valuation (real talent wants upside) and investing at a fair valuation as a VC (LPs want upside) can make more money. It's just harder to do it that way.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ETH is speedrunning the 50-year Intel chart

Despite the decades-long lead, there are spooky similarities between ETH and Intel stock

Blockworks2025/02/06 19:44

Law Firms Sue Pump.fun Over Misused Memecoins and Logos

The lawsuit even claims that Pump.fun made nearly $500 million from these questionable activities.

Cryptotimes2025/02/06 19:44