Yeah man, raise on belief where you launch a random token and have massive legal liability on day 1 that they haven’t figured out then maybe they’ll pay you out on chain or maybe PayPal instead if their lawyers feel that way this week and then wing it again next week while bagholders scream at you as your token plunges.
VC is dying. If I were starting a company today, I wouldn’t raise any.
Founders don’t need it anymore. With AI, it’s possible to go far with little outside capital.
“$X raised” used to be the flex. Now it’s ARR and MRR. Two years ago, no one put these metrics in their bios — now they're hard to escape.
That said, people still need a spark to get going. Something to think about.
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