I can only say that the web3 narrative is certainly rigged to make the VCs not only to 'pretend' to care about their interest, but also to never lose.

This has been done in with many projects like 'Internet Computer' (ICP) [0], 'Ethereum Name Service' (ENS) [0] and the latest addition, ApeCoin [1], (by Bored Ape Yacht Club). This involvement of VC firms and listed on many exchanges simultaneously at the same time [2] resembles a giant pump and dump scam and using retail as exit liquidity.

Who knows whether if the insiders will do the exact same thing as ICP or ENS. That is the scam and illusion of 'web3'.

[0] https://news.ycombinator.com/item?id=29948397

[1] https://techcrunch.com/2022/03/16/bored-apes-nft-project-get...

[2] https://www.financemagnates.com/cryptocurrency/apecoin-by-yu...