Startup funding priorities move from hiring to token purchases, andrew chen notes

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Artem Shendetskii

20.04.2026

Startup funding priorities move from hiring to token purchases, andrew chen notes — Startups shift to tokens by 2026

Startup priorities for funding have shifted significantly over the years, according to andrew chen. In 2010, startups primarily raised capital to hire developers, while by 2016 the focus shifted to acquiring clicks through marketing. By 2022, the priority moved to purchasing GPUs, and by 2026, chen believes startups will raise funds to buy tokens.

Chen illustrates how the scarce, sought-after resource in tech evolves over time, reflecting broader industry changes.

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