<a href="https://twitter.com/Evan_ss6">@Evan_ss6</a> Unfortunately it's easier for a infra play to command an insane valuation in private markets. <br><br>Then that valuation gets translated on launch in the form of an insanely high FDV.<br><br>Good apps aren't granted the same luxury. <br><br>Demand needs to slow on the funding side, with more
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Evanss6
Evan_ss6
@Evan_ss6 Unfortunately it's easier for a infra play to command an insane valuation in private markets. 

Then that valuation gets translated on launch in the form of an insanely high FDV.

Good apps aren't granted the same luxury. 

Demand needs to slow on the funding side, with more