# kaal:claim:3962614-001

**Claim.** The rapid growth of digital asset startups into billion dollar businesses with little or no venture capital funding demonstrates that the traditional venture capital model alone was not enough to meet the funding needs of technology startups.

**Type.** failure  **Support.** argued

**Holds when.**

- technology startups, especially digital asset startups

**Source quote.**

> Digital assets startups that grow rapidly into billion-dollar businesses with little or no VC funding have demonstrated that the traditional venture capital model alone was not enough to meet the funding needs of technology startups.

**From.** Wulf A. Kaal, *REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu* (2021), I. Introduction, page 3

**Cite as.** Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614

**Verify.** sha256 of source PDF `c6e202e77fd08db801f932774026458b94e5d103abf30cb1189fe6a1c5edf391` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20REPUTATION%20AS%20CAPITAL%20%E2%80%93%20How%20Decentralized%20Autonomous%20Organizations%20Address%20Shortcomings%20in%20the%20Ventu.pdf

**Failure mode.** Traditional VC funding insufficiency  (family: incumbent-resistance-to-adoption)

**Topics.** innovation

**Keywords.** venture-capital, digital-assets, startup-funding, vc-model-limits

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.