"Zeroth is becoming a y-combinator for AI startups." By no means is it becoming or even close to becoming a y-combinator for AI startups. lol. They have 0 track record and 0 success stories as of yet. They dont have the likes of Paul Graham to guide the startups, we have unknown people who just decided to start an "accelerator" and neither do they have the likes of sequoia capital to push funding, they have us, a tech startup not a VC. Its easy to confuse yourself with what you should do with your funds. Yes we might be "operationally profitable" but we are by no means profitable at this moment, which is why we raised money 2 times in the last year. Money which should be used to further strengthen itself in the gaming industry, or increasing the revenue inflow through contracts. But here we are spending our money on an accelerator, which has a 1-5% chance of success especially since this accelerator does seed investments which are far more risky.
Furthermore, the more promising startups would definitely rather go to Y-combinator than an unknown like zeroth... so goodluck. Im not saying Zeroth will never produce a unicorn, theres always a chance. But the risk is way too high for Animoca to be making such a bet.
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