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Looking back at how @solsticefi handled the sale, the sequencing says more than the announcement itself
If the goal was to maximize inflow, the incentive would’ve been obvious from the start. Instead, the unlock decision came only after the sale wrapped. That tells me the raise wasn’t about pulling in the widest crowd it was about directing capital back into the system with intention
That choice filters differently. It prioritizes alignment over excitement and patience over fast reactions
Early participants weren’t responding to optimized conditions
They were committing before the terms became attractive and that’s exactly who ended up benefiting
Sometimes how a team waits matters more than what they announce