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Terra's Collapse Is a Hard Lesson for Sloppy Crypto VCs and Gullible Retail Investors
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It’s not the greatest time to be a venture capitalist (VC) in crypto. Many of them have seen both the value of their investments and reputation plummet, as projects they were actively promoting, such as Terra, failed spectacularly, hitting the whole crypto industry.
In previous months and years, the fact that one or more VC funds had invested in a project was usually enough to send any corresponding token surging.
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