Prominent Angel Investor Explains Why Most Crypto Projects Die
American entrepreneur Naval Ravikant, who is known as one of the most prominent angel investors in Silicon Valley, has opined that most cryptocurrency projects end up dying because their founders get rich “too early.”
The AngelList founder has backed various cryptocurrency projects, including self-custody platform Casa.
Ravikant’s most recent take has attracted a lot of attention from the investment community.
In response to Ravikant’s post, Aaron Jacobson, marketing lead at the X social media platform, has commented that a lot of cryptocurrency projects fail to survive due to the fact that they come up with their own tokens with questionable…
