"Bull market warrior" founder archetype to avoid as an investor:
- loud, cocky - not much track record - raising a seed round on the hottest narrative available - recruiting notable angels to give credibility - questionable tech / real vision - time horizon is measured in months to years, not decades - token launch coming very soon without any real PMF - sees an opportunity to enrich themselves - don't share any crypto ethos/values
One of your favorite CT VCs shared this term with me in late 2024 and likely saved us hundreds of thousands on the investment side this year. Grateful.
I'll be reading decks again when the pessimism is so rampant, the only founders left are those who are committed to a decade long vision.
See you soon.
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"Bull market warrior" founder archetype to avoid as an investor:
- loud, cocky
- not much track record
- raising a seed round on the hottest narrative available
- recruiting notable angels to give credibility
- questionable tech / real vision
- time horizon is measured in months to years, not decades
- token launch coming very soon without any real PMF
- sees an opportunity to enrich themselves
- don't share any crypto ethos/values
One of your favorite CT VCs shared this term with me in late 2024 and likely saved us hundreds of thousands on the investment side this year. Grateful.
I'll be reading decks again when the pessimism is so rampant, the only founders left are those who are committed to a decade long vision.
See you soon.