VC is like any game, there's skill and luck.
The key is having both.
Having skill when it comes to accessing and assessing the best companies
Having luck when it comes to a market mispricing a founder.
This means to buy great crypto businesses, before they are hot. Most good deals will be priced as hot deals, but not all, and that's where one should hunt.
https://docs.google.com/document/d/1S7nazV5nKmYYkzxhmf3G-Ftb3DPAjV5Migokw3u8BsQ/edit?tab=t.0