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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Web3 investment firm Hivemind expands to Hong Kong with new exec hireHivemind Capital Partners said that it has hired Stanley Huo, an investment banking veteran, to lead its Asia business.
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