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A16z-backed Entropy to wind down after failing to find a venture-scale model – TON BOT

A16z-backed Entropy to wind down after failing to find a venture-scale model

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A16z-backed crypto startup Entropy is shutting down as its business model was not scalable for venture-level returns. All funds will be returned to investors. Founder Tux Pacific cited lack of viable options as the reason for closure. The company had pivoted through various models before settling on crypto automation.

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