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npub1ly0…26ez
2023-03-15 16:03:33

oz on Nostr: a VC has 5K BTC and invests $100M USD in bitcoin startups 5 years later, those ...

a VC has 5K BTC and invests $100M USD in bitcoin startups

5 years later, those startups have all gone bankrupt but they built bitcoin-native FOSS widely used by tens of millions of people

BTC price is 10x but the invested $100M is a 100% loss

did the VC make a bad investment?
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npub1ly0j22f33j6jxzrpxjzaxcegy9y5veuujezce8y0jeh7cdr75avqav26ez