1confirmation founder: There is a negative correlation between the popularity of the seed round and the success of the project product

Odaily Planet Daily News: 1confirmation founder Nick Tomaino stated on X platform that the hype during the seed round stage is often negatively correlated with the project's ultimate success rate. He pointed out that although participating in hot financing rounds (such as high-value funding, endorsement by well-known investment institutions, and extensive media coverage) may seem exciting, these "hot deals" rarely bring significant success before finding product-market fit. Tomaino listed several reasons, including: the skills required for hype differ from those needed for product utility, founders who are prematurely "crowned" may lose their drive, and excessive funding could distract the team. He favors founders who focus on the product and maintain a challenger mindset.