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A comment on Crypto firm BlockFi files for bankruptcy as FTX fallout spreads. Parent comment

Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by dehrmann on Monday November 28, 2022 @11:23PM (#33783660)
> VCs are mostly just salespeople

Only halfway. Don't the GPs have skin in the game?

[ Parent | on HN ]
Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by bloodyplonker22 on Tuesday November 29, 2022 @01:47AM (#33784427)
Yes, tiny fractions of basis points worth of their net worth.
[ Parent | on HN ]