Joseph Lubin Says Ethereum Still Needs VCs Despite Rising Concerns
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TLDR Joseph Lubin stated that Ethereum still depends on venture capital funding for its growth and development. He said Paradigm’s main goal is to extract value but also to support decentralization in the ecosystem. Lubin explained that there is no reason for concern about VC influence on Ethereum’s direction. He described venture capital as a bridge that connects global financial capital to Ethereum’s ecosystem. Two key Ethereum researchers joined Paradigm-backed Tempo, raising industry concerns about centralization. Ethereum remains dependent on venture capital (VC) funding to support growth, despite ongoing concerns around investor influence, according to Joseph Lubin. The Ethereum co-founder and Consensys founder defended VC participation following recent debates around Paradigm’s growing presence in the ecosystem. His comments came amid the departure of two leading Ethereum researchers to Paradigm-backed Tempo blockchain. Lubin Defends VC Role in Ethereum’s Development Joseph Lubin emphasized that Ethereum needs VC support for now to attract mainstream capital and ensure continued progress. He acknowledged Paradigm’s primary aim is to “suck as much value as possible” from Ethereum and other networks. However, he added that their secondary goal includes helping decentralize the ecosystem. Yes, the goal of @paradigm and many other VCs is to suck as much value as possible from the Ethereum and broader ecosystem, while also adding value to the ecosystem in the service of maximizing their own gains. Paradigm is particular good at this. Subgoals include progressing the… https://t.co/B5wsIYGtNq — Joseph Lubin (@ethereumJoseph) October 20, 2025 Lubin dismissed fears of centralization, stating, “There is no reason for concern” in a post on X. He noted that VC funding still plays a major role in developing Ethereum’s infrastructure and expansion. Despite public worries, he asserted Ethereum will remain on its path toward secure and decentralized systems. He explained that VCs serve as a bridge for…
Filed under: News - @ October 21, 2025 2:17 am