a16z invests 15 million in Babylon, what's the real intention?



Honestly, the logic behind this investment is a bit hard to justify. Many of the promises in the current Bitcoin ecosystem have been almost validated, and those once hyped-up application scenarios now seem like illusions.

On the other hand, how does projects like Babylon plan to recoup this funding? What can they rely on to prove their value? The money from leading institutions doesn't come out of thin air; every investment must have a logical basis. But right now, that logic is somewhat opaque.

Or is this just another round of the old "storytelling for funding" routine?
BTC3,38%
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SolidityNewbievip
· 8h ago
Telling stories to make money—this trick really has gotten old. What makes Babylon different? --- How is this money accounted for? The big Bitcoin ecosystem projects have all been exposed, and now they still dare to throw in 1,500? --- Honestly, I don't understand. Could it be that a16z isn't betting on the project itself this time? --- It feels like the fundraising cycle has arrived, just finding a concept to put on a show—same old routine. --- I just want to know, how will Babylon justify this money after half a year?
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FantasyGuardianvip
· 8h ago
The storytelling fundraising tactic is really played out; it just makes you feel annoyed.
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GasFeeVictimvip
· 8h ago
Another overhyped story, waiting to be proven wrong. I really don't understand how they managed to scam 15 million; I just can't wrap my head around this logic. Storytelling skills are getting worse and worse; how is a16z also jumping on this bandwagon this time? Why should Babylon be able to make back this money? I think it's doubtful. It's the same old routine—fundraising stories, bankruptcy ecosystems—I'm tired of this game.
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