goldfishthumb1 on Nostr: I don’t have any experience with starting up a project other than my own little ...

I don’t have any experience with starting up a project other than my own little business, but I can say from my experience it’s hard as crap to make it profitable.
My dad was a banker and a brilliant artist. His paintings were exhibited in galleries and sold for $2000+ back in the 80s-90s, but the costs were phenomenal.
To have them professionally framed was $400. The gallery took 50% of the sale as their fee.

quoting note1gf6…6gsd

Some thoughts as a mutiny angel investor. Open source wallets are hard. They’re even harder to monetize. The samourai/wasabi shit made that monetization even harder. Having seen some of the financials, I feel confident stating the team isn’t/wasn’t “pocketing money”. They are a small scrappy startup team working with limited resources. I believe they are doing their best / did their best with the wallet. I don’t believe anything nefarious is going on. Startups are just fucking hard.