Odaily News Nick Tomaino, founder of 1confirmation, said on the X platform that the hype in the seed round is often negatively correlated with the ultimate success rate of the project. He pointed out that although it is exciting to participate in hot financing rounds (such as high financing, endorsements from well-known investment institutions, extensive media coverage, etc.), these "hot deals" before product-market fit are found rarely lead to major success. Tomaino listed several reasons, including: the skills required for hype ability and product practicality are different, founders who are "crowned" too early may lose their aggressiveness, and too much money may cause the team to be distracted. He prefers founders who focus on products and have a challenger mentality.