1Confirmation Founder: There is a negative correlation between the hype at the seed stage and the success of the project's product

April 29th. Nick Tomaino, the founder of 1confirmation, posted on X and said, "There exists a negative correlation between the hype of the seed round and the success of a project. Participating in a hot fundraising round is indeed exciting: a large amount of funding, intense competition, the involvement of well-known investors, extensive media coverage, etc. However, participating in such 'hot projects' before the product-market fit is clear rarely leads to truly outstanding results. Some of the most 'hyped' projects in which we have invested at 1confirmation have actually performed the worst. There are several reasons: · Creating market hype is a skill, but it is completely different from the ability to build a useful product. · Founders who are crowned too early tend to think that they have already succeeded, thus losing their 'killer' instinct. · Excessive funding often leads to distraction and a lack of focus." I would choose founders who are focused and accountable rather than founders who are busy and respected all day.