Spartan Capital co-founder has stopped investing in DAO

07/22 01:37

Spartan Capital co-founder and partner Kelvin Koh retweeted a tweet from MakerDAO angel investor Hasu, with the caption, “I have stopped investing in DAOs for now. Increasingly seeing founders exploit the structure to avoid legal liability and accountability but still participating in the upside.” MakerDAO angel investor Hasu tweeted, “Slowly but surely convincing myself that DAOs are uninvestable until major changes occur.”

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