By power law standards, most crypto investors and founders have forgotten how to take calculated risks especially when it comes to building unconventional products or backing seed stage startups

The product direction may be unclear, but that’s exactly when the best bets should be made. Instead, the common excuses are ‘waiting to pay up on valuation’ or ‘standing on the sidelines and cheering.’

Isn’t the whole point of starting or investing in startups is to take massive risks? When did we become so risk averse?