Deep Tide TechFlow news: Renowned investor Naval tweeted on X, stating that most crypto projects will fail because the founding teams become wealthy too early, making it impossible to recruit new members. In response, Multicoin founder Kyle commented that the best founders are not solely driven by financial motives. It is reported that Naval is a well-known angel investor in Silicon Valley, having invested in prominent tech companies like Twitter and Uber, and he is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList.

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<p>According to TechFlow, well-known investor Naval tweeted on X that most crypto projects will fail because the founding teams get rich too quickly, and you cannot recruit new members. In response, Multicoin founder Kyle commented that, indeed, the best founders are not entirely driven by financial incentives.</p>
<p>It is reported that Naval is a well-known angel investor in Silicon Valley, having invested in notable tech companies like Twitter and Uber. He is also a successful entrepreneur who founded the equity crowdfunding platform AngelList.</p>
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Naval: Most crypto projects will fail because the founding teams become wealthy too soon.