Crypto Startup Funding Secrets 💰 | Why Overfunding Can Stifle Innovation

Greg Osuri, Founder of Akash Network, explains why overfunding can kill innovation in early-stage startups. In this clip from Everything Bagel on The Index, Greg shares his viral insight on how the amount of startup funding is often inversely correlated with progress—especially in crypto. He explains why projects like Ethereum, Solana, and ATOM succeeded with lean funding, while overfunded startups often fail to deliver real innovation.

Too much money creates distractions, fuels inefficiencies, and shifts the focus away from building. Greg highlights how Solana raised just $30 million before launch, Ethereum’s ICO raised $18 million, and ATOM started with only $15 million—proving that limited funding can lead to greater success.

Watch now to learn why scrappy startups outpace overfunded competitors and what it takes to build a truly innovative project in Web3.

Follow Bagel: https://x.com/BagelOpenAI
Website: https://www.bagel.net/
YouTube: @bageldotcom

Follow Akash Network: https://x.com/akashnet_
Website: https://akash.network/
Greg Osuri: https://x.com/gregosuri

#opensource #AkashNetwork. #blockchain. #Solana. #Startups. #Crypto