jakewoodhouse on Nostr: How Bitcoin Is Disrupting Venture Capital ...
How Bitcoin Is Disrupting Venture Capital
@npub1gfxgylgst4lcemkjth6xdvcvq7le8rtlrym7wayml63qrjggngaqkqescl and I explore how Bitcoin changes everything for startups and venture capital. Easy fiat money dissolves discipline, letting bad ideas flourish. But when using Bitcoin as a "hurdle rate", builders and investors must be ruthlessly honest. How do you fund a good idea when the cost of capital has a compound annual growth rate of 50%?
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