The crypto market has entered a deep freeze, with Kyle Samani and more venture capitalists growing bearish on the industry
BlockBeats News, February 13th, with the crypto bear market trend set, market sentiment continues to decline, pessimism has shifted from the secondary market to the more mature investment mindset of the primary market, and even the VC investment circle.
Last week, Multicoin co-founder Kyle Samani announced his decision to step down from Multicoin Capital. Today, DeFiance CEO Arthur expressed pessimism, stating that the crypto venture capital model is dead, and in the future, they will only invest in purely cash flow businesses.
Moonrock Capital founder Simon Dedic, on the other hand, stated that this week he has had discussions with at least 5 major venture capitalists and industry insiders, who either doubt whether the market will fully recover, or have already exited and shifted their focus to AI and Web2 stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Saudi air defenses intercept Houthi drone near Mecca
Erebor Bank’s Free Stablecoin Plan Failed After Traders Found the Loophole
Jensen Huang speaks out repeatedly: No regulations are needed to control AI development
Jensen Huang has recently made consecutive public statements claiming that AI development does not require new laws or regulations, characterizing the opposition between innovation and safety as a "false choice." He publicly appeared with Trump, forming a stark contrast to the stance of Dario Amodei, Sam Altman, and Elon Musk, who have called for coordinated efforts to slow down AI research. However, Nvidia’s business interests are closely tied to the pace of investment in AI infrastructure.
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
