Web3 Founder Survey: Product-Market Fit and Timing Are Most Existential Challenges

📆 02.11.2023 02:00:00
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The survey covered 13 questions, meant to elicit both open-ended qualitative responses, as well as structured rankings of common challenges

Results from our survey of >100 web3 founders show that founders are optimistic about the underlying tech, regulation, and fundraising. They’re worried about finding product-market fit and timing the market. Bloccelerate: What is the largest / most existential problem that you're facing this year? Founder: How long with the trough of disillusionment last? Survey Content faced by web3 founders.

Nearly 40% had been operators in the blockchain/crypto space for 5+ years. Are These Results Unique to Web3? Yes and no. While the broader startup ecosystem is going through a reckoning , we believe these results reflect unique elements of the web3 ecosystem. Through several cycles, web3 has proven to have exceptionally exuberant highs and despondent lows.

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