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Michael Dempsey says crypto VC has been stagnant for two years as talent moves to AI

NewsFeeds update

Compound managing partner Michael Dempsey said crypto venture capital has been effectively stagnant for two years, with most tech talent now moving into AI rather than crypto, and few founders pursuing ideas beyond perpetual futures DEXs.

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Read the original on CoinNess

The story so far: Crypto VC stagnation as talent shifts to AI

Michael Dempsey, managing partner at Compound, said crypto venture funding has been nearly stagnant for about two years as tech founders move to AI. He repeated the view, adding that few founders pursue ideas beyond perpetual futures DEXs.

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  1. Michael Dempsey says crypto venture funding has stalled as talent moves to AI

  2. Michael Dempsey says crypto VC has been stagnant for two years as talent moves to AI

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.