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A comment on Tech bubbles are bursting all over the place. Parent comment

Re:Tech bubbles are bursting all over the place by gowld on Friday May 13, 2022 @12:32PM (#31369679)
> Meanwhile he had his hands in various bullshit crypto (not hating on crypto, just the projects) defi startups.

Your confusion is assuming that "bullshit" means "unprofitable". Plenty of projects turn profit for their owners.

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Re:Tech bubbles are bursting all over the place by prohobo on Friday May 13, 2022 @12:41PM (#31369797)
Maybe. In any case, it seemed to be much more about extracting profit through facades rather than funding real products.
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Re:Tech bubbles are bursting all over the place by searchableguy on Friday May 13, 2022 @02:08PM (#31370786)
> In any case, it seemed to be much more about extracting profit

What do you think purpose of a fund is? To provide returns for their LPs.

You need to pitch to an angel investor who might care about the mission than a business fund.

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