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Investor Navar: Most encryption projects will fail because the founding team gets rich too early.
Jinse Finance reported that investor Navarre posted on X, saying that most encryption projects will fail because the founding team gets rich too early and you cannot recruit new members. In response, Muliticoin founder Kyle commented, saying, yes, the best founders are not entirely financially driven. It is reported that Naval is a well-known angel investor in Silicon Valley, who has invested in well-known technology companies such as Twitter and Uber. He is also a successful entrepreneur, having founded the equity Crowdfunding platform AngelList.