Famous investor Naval: Most crypto projects will fail because the founding team becomes wealthy too early

ChainCatcher news, well-known investor Naval posted on X stating: Most crypto projects will fail because the founding teams become wealthy too quickly, and you can't recruit new members. In response, Multicoin founder Kyle commented that yes, the best founders are not entirely driven by finances.

It is reported that Naval is a well-known angel investor in Silicon Valley, having invested in famous tech companies like Twitter and Uber. He is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList.