Crypto startups are becoming VCs. Their backers are not amused
August 2, 2022, 10:55AM EDT · 6 min read
- Crypto startups have developed a taste for investing in other projects at an early stage in their own development.
- Some traditional venture firms are concerned that their portfolio companies are getting distracted from developing their own products.
Crypto startups are dabbling in venture capital at an early stage in their development.