249 sats \ 2 replies \ @andyleroy 14 Jun 2022 \ on: I'm Max Webster, founder of Hivemind Ventures, a Lightning Network seed fund - AMA! bitcoin
What do you see as the biggest risks overall in the space and also to individual portfolio companies? What have been your biggest challenges as an investor in this space?
Biggest risks:
- Arbitrary rules / regulation that makes it difficult to run nodes and use LN payments
- That I'm investing a bit too early in the wave and that it will either be hard for current portfolio cos to sustain a long bear or that we're still investing the in webvans of LN and the instacarts will come a few years later
Biggest challenges:
- Determining where in the adoption curve we are and how quickly it will run
- Personal bandwidth - I love doing this and wish I had even more time to roll up my sleeves and help my portfolio cos gain global adoption
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Congratulations from 2024! This was the top comment 2 years ago.
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