Truth Ventures CEO: Investors should not judge seed-stage startups based on revenue
2026-08-18 05:38:45
According to CoinMeta, Truth Ventures CEO Varun Datta indicates that investors should not expect seed-stage companies to have ongoing revenue. He pointed out that Rootdata lists 99 crypto projects that will close down, go bankrupt, or remain inactive for a long time in 2026, emphasizing that the total number of these projects should not be considered as 99 cases of bankruptcy. Datta believes that the reshuffle of the market is obvious, but the lessons learned are mainly applicable to mature companies; it is unfair to expect new teams to demonstrate ongoing revenue. Investors should focus on the founders' deep understanding of the issues, rather than possible non-existent revenue data.
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Source:Cryptonews
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