Alliance founder: Crypto startups need to survive long enough to get lucky

Web3 accelerator Alliance founder Qiao Wang pointed out in a tweet that the Pump and Fantasy teams seemed to have seized the opportunity quickly, but in reality, they spent years building and using crypto products and have become experts in their respective fields.His advice is that cryptocurrency startups need to survive long enough to get lucky, and to do that, they need to avoid expanding their teams too early, avoid raising too much money before achieving product-market fit, raise funds from angel investors before venture capitalists are ready to invest, and not give up on cryptocurrency during bear markets.