In this episode of HODLong, Will Robinson from Alliance DAO discusses the company's journey from a focus on DeFi to becoming a comprehensive Web3 investment firm. He outlines their investment strategy, which involves a careful multi-step selection process for startups, prioritizing product-market fit and making significant early-stage investments. Will stresses the importance of cultivating strong relationships with founders and fostering a supportive community. He introduces the concept of "gifting," where exceptional support and mentorship help attract high-caliber projects. Additionally, he shares his thoughts on the current market landscape, addressing the funding challenges founders face amidst the meme coin craze and offering his insights into Web3 development trends.