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The Benefits Of Venture Capital In Web3

  • Article
  • Mar 14, 2022
  • #Web3
Fred Wilson
@FredWilson
(Author)
avc.com
Read on avc.com
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1 Mention
There is a lot of criticism of venture capital in web3. Bitcoin did not have or need venture capital. Ethereum did not have or need venture capital. So why would any web3 project ne... Show More

There is a lot of criticism of venture capital in web3. Bitcoin did not have or need venture capital. Ethereum did not have or need venture capital. So why would any web3 project need venture capital? It is a good question. In the age of community-funded projects, why would a web3...

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Packy McCormick @packyM · Mar 14, 2022
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I've read @fredwilson for over a decade. His 2013 blog post on the Coinbase investment is why I first bought crypto. This is 🤯 "Well buried deep in a 66 page blog post on the Flow blockchain by Packy McCormick lies the answer."
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