investor Navarre posted on X stating that most cryptocurrency projects will fail because the founding team gets rich too early and cannot recruit new members. In response, Muliticoin founder Kyle commented that yes, the best founders are not entirely driven by finance. It is reported that Navarre is a well-known angel investor in Silicon Valley, having invested in well-known technology companies such as Twitter and Uber. He is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList.