IOSG Founder's Reflections on 2049: Many teams are running out of funds, testing founders' resilience
Author | IOSG Founder, Jocy Editorial | WuBlockchain Original link: https://twitter.com/JinzhouLin/status/1703803442521948638 My nth time attending the founders’ perspective at 2049 This industry is still growing, and this year I have attended various events such as ETHDenver, ETHCC, Black Mountain Zuzalu, Edcon, and so on. At 2049, I still met many old friends. Each such conference in the industry attracts a lot of attendees. Many companies set a budget for such conferences. Hence, with the growth of the industry, even in a bear market, the number of participants continues to rise. LPs continuously support early VCs in the industry, VCs continue to support the founding teams of emerging tracks, and teams continue to expand and grow. Everything seems to be moving in a better direction. However, the reality is different. For many teams , 2049 is their last hope for financing. If the bear market does not end, it might be their last brand exposure. Because of their expansion in the past...