
Episode 275: Planet Money
TrueAnon
00:00
Crypto Network Cities: The Right Winger
In previous cycles, like venture capital has a lot of problems with it, but they're trying to build real companies basically. And then crypto came along and the VCs were like, eh, that's taken too long on returns. We can't even bank on monopolization anymore. So what you have is if you invested in Solana, the company, you could get Solana tokens on the chief which Sam Bankman free did. You get them at like pennies on the dollar or at least had an initial really small valuation. Then after some lock up period or maybe none after the market opens, the ICO happens, you dump on retail. It's criminal.
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