“Startups were able to raise uncharacteristically sized rounds for their stage, commonly acquiring multiple years of runway pre-product, while over the course of the last six months, investors pivoted to underwriting fewer deals targeting higher conviction, more concentrated bets,” George told CoinDesk in a note. “During this period of time, investors began to re-evaluate their focus on what constitutes product market fit, realizing that large token incentive programs rewarding user participation creates distorted traction metrics and overlooks user stickiness.”
Big Beautiful Bill, $5T Debt Ceiling To Benefit BTC price?
Key takeaways:Historic information fail to indicate a constant hyperlink between Bitcoin value features and US debt ceiling will increase.Bitcoin’s resilience...
