Joseph Lubin highlights need for venture capital in Ethereum’s growth despite value extraction issues

Joseph Lubin underscored the importance of venture capital (VC) funding for Ethereum, despite concerns about their influence on the ecosystem. He acknowledges VCs as necessary bridges for global capital flow into the crypto space.

Lubin stated that improved onchain investment platforms will eventually reduce the need for VCs, indicating a shift towards sustainable, decentralized development in Ethereum.

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