Did many founders in the previous years before the SBF/FTX Incident work in cryptocurrency fields?
I ask because that's where the VC money and hype was back then and yet to me it didn't seem as if YC founders were playing that game. I may have the wrong impression of the past. To me AI appears more "real" than crypto but that might be because it's the current thing.
yeah! they did. Nowhere near to the same extent though, which is interesting (and as you said suggests the majority of YC founders weren’t as enticed by crypto as they are by AI).
“In 2022, when “Crypto / Web 3” was the hottest thing to work on, 33 YC startups were working in the space — in both of the most recent batches there was only 1.”
So that’s still only like 5% working on crypto stuff even during the mania I guess?
I ask because that's where the VC money and hype was back then and yet to me it didn't seem as if YC founders were playing that game. I may have the wrong impression of the past. To me AI appears more "real" than crypto but that might be because it's the current thing.