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Companies may spend more on tokens than salaries soon, Harry Stebbings notes

Companies may spend more on tokens than salaries soon, Harry Stebbings notes
Companies may prioritize token spending

Harry Stebbings suggests that companies could soon spend more on tokens than on salaries. He points out that application layer companies lack defensibility, arguing that the model itself is now the product. Stebbings also highlights that hiring researchers today can cost tens of millions of dollars, indicating a shift in how resources are allocated.

Stebbings has previously observed that many venture capital applicants struggle to name and explain three companies they would invest in. He has also discussed why startups should sometimes accept lower term sheet valuations from kingmaker VC firms over higher offers. These comments reflect ongoing scrutiny of decision-making and value allocation in the startup and venture sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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