Why Crypto Founders Lose Drive After Early Success
- Naval Ravikant highlights that many crypto projects fail due to founders losing motivation after early financial success.
- Kyle Samani states that the best founders are driven by a mission beyond financial gain, ensuring long-term project success.
Naval Ravikant, a well-known angel investor in Silicon Valley, has highlighted the issues that crypto projects confront in maintaining momentum and sustainability. His observations throw light on a prevalent mistake: the fast wealth acquisition by founding teams.
Maintaining Drive Beyond Wealth: The Key to Crypto Success
According to Ravikant, many crypto projects fail when their founding members become wealthy too rapidly, therefore compromising the necessary drive for…