Do not blindly chase funds in projects, this analysis no longer works 🐳
Funds got too big and too rich: they invest even in very risky deals now + they receive seed discounts unlike others.
This does not mean a project will do well for everyone, but going below seed price is something very unlikely - so they take those chances.
Of course, there are funds that still maintain their status, support projects fully - but ‘money does not stink’ after all.
Just be cautious and look for value rather than pure hype or useless big names.
❓Why am I saying this stuff? What changed?
Because lock-ups increase, even in mediocre projects.
It is okay to get into a mediocre project at the last stage and flip it - after all, everyone gets the game.
If as a project you do not do proper work, no one is gonna stick with you.
However, being locked for half a year in a mediocre project without a seed round price - is very risky (imho).
🔮 Ideas get wrapped up nicely, but DYOR very carefully to not get burned.
PS: when bull market comes, it’s gonna be a different madness once again.
Post #147
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