9min chapter

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The Chopping Block: VC vs. Liquid Funds, Friend.Tech’s Decline, Crypto Startup Exits - Ep. 704

Unchained

CHAPTER

The Rise and Fall of FriendTech

This chapter examines the initial excitement and subsequent decline of the FriendTech platform, drawing parallels to a comedian's crucial debut. It critiques the platform's early bonding curve mechanics and highlights user frustrations due to technical issues and a lack of innovation. The discussion also reflects on the broader challenges faced by crypto startups and the evolving dynamics of social media interactions.

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