Crypto Long & Short: Crypto VCs are mistaking consensus for discipline

In this week's Crypto Long & Short, Varun Datta of Truth Ventures writes that crypto venture capital's retreat to later-stage deals is a consensus trade dressed as discipline. With proven companies taking 57% of last quarter's capital, he argues the founding-stage gap is where the returns are, and lays out three things to look for.

Original reporting by CoinDesk · Varun Datta. GridIndex is an aggregation and intelligence layer — full credit to the original publisher.