Schmidt from Dragonfly Capital shares at Token2049 Singapore: AI is attracting more talent than crypto, but VCs are concerned about high AI valuations. 🤔

- AI is attracting new talent, but VCs see the field as "bubbly" and overcrowded.

- AI company valuations make VCs worry about revenue not meeting expectations.

- Schmidt: "Current risk is at 5%, difficult to grow revenue."

- Crypto has an advantage when AI is struggling, but not all projects need VC capital.

- Encourage crypto projects to consider carefully before seeking VC capital.

What do you think? Comment! 💬#Crypto#AI#Blockchain#Finance #Tech