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![tijnless Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2499342391.png) Mart [@tijnless](/creator/twitter/tijnless) on x XXX followers
Created: 2025-07-24 20:55:30 UTC

X. VC is spraying capital at hallucinations
VC firms that went all in on Web3 in 2021 are now AI-maxis.

Funding rounds at 100–300× ARR for companies that still need OpenAI’s API to function.

If your moat is a wrapper, you don’t have a moat.


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948487226507043126/c:line.svg)

**Related Topics**
[web3](/topic/web3)
[vc firms](/topic/vc-firms)

[Post Link](https://x.com/tijnless/status/1948487226507043126)