🚨 JASON ZHAO – STANFORD GENIUS OR SCAMMER IN DISGUISE? If this week had to choose the most dramatic event that stirred up the crypto community, it would be @StoryProtocol and the shocking departure of founder @jasonjzhao. A project once hyped with a valuation of $2.2 billion, raising capital of $140 million from prominent names like a16z, Polychain, Samsung Next,... So the reality is: 🔻 Is Jason Zhao slow rugging? 🔻 Is Story Protocol just a painted cake? 🔻 Is a16z "enabling"? 🧵👇

5️⃣ Is a16z 'helping' Jason Zhao slow rug? After this drama, @a16zcrypto was also dragged into the storm. Some people think that they are not amateurs, when they chose Coinbase, Solana, and invested three consecutive rounds into Story Protocol, there must be a reason. But many people also sarcastically said that a16z had also "inflated" many projects and then disappointed, and Jason Zhao's departure right after a large round of Capital calling, coinciding with the unlock, made them look like they were helping a cleverly disguised slow rug . Although it is not yet possible to confirm whether a16z is "complicit" or not, it is clear that this drama has negatively affected a16z 's image and reputation in the eyes of the community, even with builders in the industry.

The future of Story Protocol now stands at a crossroads: either prove its real value with a product, or forever be labeled as a "pie in the sky". And further, do we still trust the "golden bets" of big VCs like a16z - or just consider it part of the hype game? How do you guys feel about this Drama? 🥲

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