# Пов'язані статті щодо LPs

Центр новин HTX надає останні статті та поглиблений аналіз на тему "LPs", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

Dragonfly: Venture Capital Can Only Be Stable and Sustainable by Listening to LPs, Backing Reliable People, and Adapting to the Market

The article "Dragonfly: VCs Must Listen to LPs, Back Strong Founders, and Follow the Market to Sustain Success" by Rob Hadick argues that venture capital, especially in crypto, is fundamentally market-driven. VCs serve their limited partners (LPs), whose priorities extend beyond absolute returns to include risk-adjusted performance, reputation, regulatory exposure, and access to key networks. The current market contraction and concentration of capital into fewer funds are signs of a healthy, functioning market, not a failure. To survive, VCs must align their strategies with LP demands. This often means investing in trending sectors like stablecoins and prediction markets, even if not first. While contrarian bets are possible, they are a privilege earned by first demonstrating consistent, stable returns. The industry rewards sustainability, not reckless heroism. Similarly, the notion that founders lack original ideas is misguided. Great companies are often not the first in a space but the best execution of a model. Success is driven by market forces: VCs are rewarded for correct judgment and delivering what LPs want, and founders are rewarded for building valuable, profitable businesses that attract investment. Ultimately, ideological posturing is irrelevant; market dynamics dictate everything.

marsbit04/14 02:13

Dragonfly: Venture Capital Can Only Be Stable and Sustainable by Listening to LPs, Backing Reliable People, and Adapting to the Market

marsbit04/14 02:13

Dragonfly Partner Talks About the Truth of Crypto Venture Capital: Market Logic Far More Important Than Ideology

Dragonfly partner Rob Hadick argues that the core of crypto venture capital is driven by market logic rather than ideology. VCs operate within a market where they must satisfy their limited partners (LPs), who evaluate investments based on multiple factors: risk-adjusted returns, reputation, regulatory exposure, liquidity cycles, co-investors, access to key information, and social relevance—not just absolute returns. The current pullback in crypto VC funding reflects normal market behavior: LPs are reducing allocations or concentrating capital in fewer, higher-quality funds due to concerns over risk-adjusted returns, liquidity, and reputational risks. To survive, VCs must align their strategies with LP expectations, balancing consensus and non-consensus bets. Consistent, stable performance is rewarded over high-risk heroism; only proven investors earn the right to make bold moves. Hadick also challenges the romantic notion of backing overlooked founders or purely original ideas. Most successful companies aren't first in their category but execute best. Founders are incentivized to build profitable products that attract investment, not necessarily to innovate radically. Ultimately, market forces—not ideological rhetoric—govern both VC and founder success.

marsbit04/13 10:51

Dragonfly Partner Talks About the Truth of Crypto Venture Capital: Market Logic Far More Important Than Ideology

marsbit04/13 10:51

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