I’m bored. Ask Me Anything.
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Historically, were there any cases where tons of human and financial capital have been injected into a space for innovation and were not successful for a long time (>10 years)?
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Most socialist projects in communist countries? Not particularly well-informed here.
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A VC mentioned that 20% of the deals are from crypto/blockchain, and there are many talented people working in the field. And these factors bring him to believe in the field. I’m just wondering whether a similar situation has happened in history, and nothing was realized.
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