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Coin Telegraph

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Crypto startups scaring away VCs with 80x valuations: 10T Holdings

  • Crypto startups are deterring venture capital funding due to high valuations, with some seeking 50 to 80 times revenue.
  • 10T Holdings, a crypto-focused VC firm, has passed on over 200 companies for similar reasons, targeting projects with valuations around $400-500 million with a 10x or less valuation-to-revenue ratio.
  • VCs prefer realistic valuations for higher upside potential and simpler exit processes, contrary to the trend of startups seeking inflated valuations.
  • Pantera Capital suggests VCs diversify investments by combining private equity and tokens, with their firm achieving success with an aggressive investment strategy.

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