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Lightspeed created an anonymous survey and distributed it to Solana founders to get an honest peek into their opinion of other ecosystems, venture capital, startups, and more.
Questions included a set of choices and a writing slot that was edited for grammar and clarity.
Results of the poll in which 42 founders participated:
The founders also said:
"no one. If it wasn't for Solana, I wouldn't be interested in cryptocurrencies.
The founders also said:
“Unfair to choose one”
The founders also said:
“Venture capital firms based in Asia that rely solely on the identity of the leader.”
The founders also said:
"I don't know, either way, it doesn't really matter."
“I'm not a fan of this question, I feel like he's trying to provoke instead of inform.”
“It exists, I'm part of it, but not 'at the expense of non-gang projects' because I invest a lot of time and money in 'non-gang projects' as well. It's a two-way street – you give and you take.
"It doesn't exist and I'm part of it"
“There is a network of personal relationships that formed naturally during the early days and the bear market. People who were appreciative of working together and helping Solana over the years naturally have a tighter network now. Some of those people (including people from the OG Solana Labs team) They continue to find a big voice and following. This is normal. Almost all the remaining teams were also funded by venture capital money and Solana venture money. These are facts, but there is no bad intent in my opinion. The Solana Foundation is doing a great job In dispersing the resulting impacts and support people throughout the broader ecosystem (see Superteam, etc. In my opinion, Toly specifically does a great job of blaming builders indiscriminately, rather based on 1) what they're building being great 2) being serious). .
The founders also said:
“Need a lot more space as quickly as possible. 5x demand + 2x price hike = 10x larger blocks needed to keep the cost to app creators the same!”
The founders also said:
“The one that doesn’t accelerate.”
The founders also said:
“SocialFi, DeSci, and gaming are all equally bad.”
The founders also said:
“FTX had the best of the early days and the worst.”
There's a lot to dig into here, but there are a few findings that I found immediately interesting: The other founders don't think much of Pump.fun, yet they think memcoins are mostly good for the ecosystem. Base and Sui appear to be Solana's most attractive competitors by far.
As a journalist, it can be difficult to convince founders to be formally honest with me. This has been a useful exercise in figuring out what Solana's founders really believed — at least in its entirety.
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