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polynox
on Feb 19, 2023
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Revenue is easy, profit is harder
So you would refuse to fund Google (Larry and Sergei being PhD students at Stanford at the time) because they "[have] no business experience"?
kristianc
on Feb 19, 2023
[–]
Google’s initial VC funding round pre-IPO was something like $25m. Even allowing for inflation you see that kind of money tossed around on pre-revenue NFT startups based on a pitch deck today.
threeseed
on Feb 19, 2023
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Can you provide examples.
Pre-revenue NFT startup raising $25m pre-seed in this market ?
quickthrower2
on Feb 19, 2023
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It is a funny concept because with NFT they are selling the Brooklyn Bridge over and over again - there is no excuse to be pre revenue!
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