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Comment by common_

So much of VC funding is just about being in the right place at the right time. A lot of these guys seem like geniuses because of winning bets, but that's because nobody talks about their flops.

It's entertaining watching all of the VCs who have made a major bet on crypto, who are now doubling down on what looks more like an overheated casino losing steam. Fred Wilson might end up watching the tide go out on this one. Maybe people will finally remember that he was part of Twitter's clueless board, the one that didn't think it was important to buy Instagram?

parent common_ 8 years ago

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