Web3 Owned By Vcs And Lps Fire Back At Jack Dorsey

Last updated: June 9, 2025, 13:16

Web3 Owned By Vcs And Lps Fire Back At Jack Dorsey

On Decem

Fresh off relinquishing the chief executive reins of Twitter Inc, Bitcoin enthusiast Jack Dorsey has taken to the service he co-founded to voice his displeasure with

On Decem, Jack Dorsey tweeted: You don't own 'web3.' The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity with a different label.

Jack Dorsey trash talks Web 3, gets blocked by his VC friends on

Dorsey

Dorsey, the creator of Twitter, quickly became the target of hundreds of web3 advocates after tweeting to his six million-odd followers that they “don’t own web3. The VCs

As per Jack, Web3 will still be owned by Venture Capitalists (VCs) and their investors or Limited Partners (LPs), just like the Internet that we see today. In sharing his

What Jack Dorsey’s Beef With 'Web 3' Is Really About - CoinDesk

Jack Dorsey has criticized

Jack Dorsey Slams Web3 Again, Citing VC Dominance - Crypto

Elon Musk did not miss a beat to ask if anyone had seen Web3, to which Dorsey responded it's somewhere between a and z, pointing at the

Jack Dorsey has criticized Web3 again in a series of tweets, claiming that it is owned by venture capitalists. Dorsey made a subtle reference to Andreessen Horowitz, a

Jack Dorsey has criticised the

Jack Dorsey stirs uproar by dismissing web3 as a venture

Jack Dorsey says promise of Web3 is not real, Twitter users say

Jack Dorsey has criticised the current state of Web 3, calling it a scheme to scam users. Dorsey’s comments have not been liked by venture capitalists. Now Marc

So Dorsey

Two of the biggest names in crypto and Silicon ValleyTesla CEO Elon Musk and Square CEO Jack Dorseytook to Twitter on Monday night to fire shots at Web3

So Dorsey’s knock on VCs’ role in Web 3 would seem to back him into a corner: It’s unclear that there are alternative routes to funding and building the Web 3 vision.

Why People Are Angry at Jack Dorsey for Criticizing Web3 - MUO

Web3 owned by VCs and LPs fire back at Jack Dorsey

Musk and Dorsey Blast Web3 as 'Centralized' Gimmick Controlled

DeFi Advocates Hit Back After Jack Dorsey Says VCs Own Web3