The excess of capital in this space has really warped things. I see projects competing in every vertical because people want something new to do. This might be fun, but it usually ends up wasting money. The music will stop at some point. Best to focus on what drives value.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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