> do we know anything about the performance of Crypto Fund I so far?
Bad. Very, very bad.
> i'm really curious what kind of GP throws good money after bad on out-of-favor stuff like this. not that it can't work, its just unusual.
Crypto is at the intersection of ancaps and difficult, probably intractable engineering problems. That intersection is highly idealistic and highly motivated, with an almost religious zeal.
Bad. Very, very bad.
> i'm really curious what kind of GP throws good money after bad on out-of-favor stuff like this. not that it can't work, its just unusual.
Crypto is at the intersection of ancaps and difficult, probably intractable engineering problems. That intersection is highly idealistic and highly motivated, with an almost religious zeal.