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Sector Thesis·4 min read·Week 21

When Your Web3 Startup Dies, Who Are You?

Web3 founders in India face a unique identity crisis when pivoting or failing. The sector's ideological weight makes exits feel like betrayals. Data shows 67% of Indian crypto startups have pivoted or shut down since 2021.

ByAmit Tyagi·Fitoor Capital
Aletheia Insights · Weekly

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Amit Tyagi

Founder, AletheiaAI & GP, Fitoor Capital

Veteran of India's startup ecosystem. Writing about fundraising, investor psychology, and what it takes to build fundable startups in India.

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#web3-india#founder-identity#startup-failure#blockchain-pivot

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When Your Web3 Startup Dies, Who Are You? · Aletheia Insights