Jack Dorsey, the founder of Twitter created a storm on the social media platform after deeming Web 3.0 a monopoly ground for big corporates and VC funds. The statement came the same day when Elon Musk took a dig at Web 3.0 technologies as well. Dorsey mocked traditional venture capital firms such as Andreessen Horowitz who are investing millions in crypto companies and how they are not all for decentralization.
He shared the mission statement from the company which literally says “we invest in software eating the world”
this mission statement has always felt so…dark pic.twitter.com/82hFvTd7fO
— jack (@jack) December 22, 2021
While many crypto startups working hard towards web 3.0 didn’t take the comments in their stride and Dorsey came out to explain that he is not necessarily against the development of Web 3.0 technologies as much as he is against VC monopoly.
I promise this is a fight against the “rich dudes” taking advantage of people like you who should own it all
We współpracy z: https://coingape.com/jack-dorsey-doubles-down-on-his-web3-comments-mocks-a16z/
