> for the last few years, Coinbase put out the names of coins they were thinking to list, but never did. I analyzed those coins - and found they did even better than the ones that made it, and the VC-backed ones didn’t show any of the same underperformance.
This is implying a causal relationship that may be misleading. Is it that coins invested in by VCs underperform? Or is it that fraudulent or scammy coins are more likely to seek out VC investment?
Or worse, is it that rug-pulling scammers are both more likely to seek out VC and list on Coinbase to take as much money as they can and run?
This is implying a causal relationship that may be misleading. Is it that coins invested in by VCs underperform? Or is it that fraudulent or scammy coins are more likely to seek out VC investment?
Or worse, is it that rug-pulling scammers are both more likely to seek out VC and list on Coinbase to take as much money as they can and run?