Venture capitalists grapple with the hard lessons of 2022 and the growing mistrust, in certain corners, of some VCs’ motives. They discuss future best practices for token lockups and vesting, partner distributions and ways to make project tokenomics sustainable. If the Valley is to end its addiction to outsized, 100x bets, such those it placed on CeFi crypto’s “number go up” exchanges and lenders, can VCs instead identify more socially impactful ventures – and live with the prospect of thinner returns?
