Looking purely at public facts, there's a textbook case where a venture backer essentially orchestrated a power grab—ousting the original founder. The aftermath? Pretty much a downhill spiral. It's a cautionary tale about what happens when capital wields too much control and loses sight of the vision that built the project in the first place. Founder misalignment tends to be lethal for early-stage ventures.
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DecentralizedElder
· 4h ago
Capital takes control to oust the founders, then the project ends up poorly executed. This pattern is seen too often in crypto...
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ImpermanentTherapist
· 01-10 10:20
This VC approach is really incredible; they throw money around thinking they have the final say, but in the end, the project dies very quickly.
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GasWaster
· 01-09 23:51
Capital players all end up crashing; this is karma.
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ZKProofster
· 01-09 23:50
ngl, this is exactly why you need cryptographic guarantees in cap tables, not just handshake deals. trustless governance or gtfo
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SadMoneyMeow
· 01-09 23:32
VC's approach is really brilliant. Forcing the founders to step down ended up killing the project. Isn't that like shooting oneself in the foot?
Looking purely at public facts, there's a textbook case where a venture backer essentially orchestrated a power grab—ousting the original founder. The aftermath? Pretty much a downhill spiral. It's a cautionary tale about what happens when capital wields too much control and loses sight of the vision that built the project in the first place. Founder misalignment tends to be lethal for early-stage ventures.