“They frantically doubled down at the tail end of Web3 too, and kept trying to push blockchain well into 2023.” Okay, but are they still rich? We’re trying to quantify companies like this against tangible results, but don’t forget that someone funded de Lèon’s search for the fountain of youth.

oh, buckets of money. but the other thing about VC is that it's actually other people's money they're placing.