Investors say web3 and hype are in for 2023, high valuations are out — maybe?

This past year was tumultuous for venture investors, to say the least. The ecosystem watched as startup funding dried up, held its breath as a $32 billion venture-backed company evaporated almost overnight, and witnessed one of the largest startup acquisitions of all time.
Did you hear anyone yell “bingo?” Probably not. It’s unlikely that many investors came close to predicting what would play out in 2022. But, hey, there’s always next year.
It seems we’re entering yet another interesting and tumultuous year: The crypto market is hanging on by a thread; everyone is watching with po

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