LD Capital founder: Changes in lock-up rules, low investment success rate, and other reasons have led to the "decline" of Web3 investors

Mars Finance News, Jack Yi, founder of LD Capital, stated on the X platform that Web3 investors are currently facing multiple challenges. The reasons for the decline of Web3 investors are as follows: First, changes in lock-up rules require investors to face a lock-up period of up to 4 years, while project parties, exchanges, market makers, and KOLs generally have no lock-up restrictions; second, the low success rate of investments means that even if 1 out of 5 projects is successful, its returns need to exceed 10 times to cover costs, which is difficult to achieve at the current market value level; third, the "good project, low valuation, large amount" constitute an "impossible triangle" for investors. He also pointed out that many investors ultimately only receive a few tenths of the allocation, not only potentially facing financial losses but also reputation risks.