Recently, a seasoned VC founder candidly summarized his stop-loss decision on social media. He chose to cut losses and exit the Aster project, openly saying "it's indeed quite regrettable" — what's more heartbreaking is that they found the team couldn't even locate the founder, which explains how they ended up in this situation.
However, his attitude is quite interesting. Instead of dwelling in the emotions of failure, he prefers to look toward the future. He clearly stated that he expects high-quality teams like "Binance-level" to emerge in the exchange track, and once a new star is discovered, he's ready to invest heavily with real money. This proactive approach is quite worth learning from.
He also generously shared his specific preferences — which seem to be well thought out: in the POW field, he is wholeheartedly committed to BTC and BCH; for public chains, he favors ETH; for stablecoins, WLFI; and for exchanges, he locks in BNB. This combination has mainstream consensus and a clear direction. Each choice probably has its own logic behind it, which is worth those still in confusion to consider.
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Recently, a seasoned VC founder candidly summarized his stop-loss decision on social media. He chose to cut losses and exit the Aster project, openly saying "it's indeed quite regrettable" — what's more heartbreaking is that they found the team couldn't even locate the founder, which explains how they ended up in this situation.
However, his attitude is quite interesting. Instead of dwelling in the emotions of failure, he prefers to look toward the future. He clearly stated that he expects high-quality teams like "Binance-level" to emerge in the exchange track, and once a new star is discovered, he's ready to invest heavily with real money. This proactive approach is quite worth learning from.
He also generously shared his specific preferences — which seem to be well thought out: in the POW field, he is wholeheartedly committed to BTC and BCH; for public chains, he favors ETH; for stablecoins, WLFI; and for exchanges, he locks in BNB. This combination has mainstream consensus and a clear direction. Each choice probably has its own logic behind it, which is worth those still in confusion to consider.