His piece aged well, to say the least.
Yet another crypto-boom era has dawned in the venture world, with endless headlines boasting one wild fundraise after the other. Cryptocurrency exchange Coinbase had a monstrous IPO, non-fungible token startup Dapper Labs recently raised at a $7.5 billion valuation, and Andreessen s own storied firm, Andreessen Horowitz, is raising a crypto-focused $1 billion fund, the Financial Times reported.
For Andreessen Horowitz, which got into crypto early by investing in Coinbase and Ripple and other crypto-centric VCs, this latest frenzy is both long expected and much celebrated. But others aren t quite as lucky. With cryptocurrency prices skyrocketing (bitcoin was valued at around $55,300 on Wednesday), several VCs told Insider that firms that haven t historically invested in crypto are scrambling to catch up, get into deals and make big investments.
From Margaux MacColl, Melia Russell, Candy Cheng, and Michael Haley:
The venture capitalists who write the earliest checks known as seed investors take the biggest risks. But when they choose well, they also reap the biggest rewards. With huge profits at stake, thousands of institutions and individuals are active seed investors.
But seed investing is more an art than a science and only a few succeed regularly. Tribe Capital, a seed venture-capital firm and an investor in other funds, set out to find the top investors by analyzing data on about 1,000 of them. The result is this list of the top 100 as well as the Seed 25, a list of the top female seed investors.
https://bitclout.com/creators
Crypto platform BitClout allows you to buy a stake in your favorite social media stars.
The platform made a splash in the last few weeks by uploading people s Twitter profiles without permission.
It s left the VC world polarized.
Three weeks ago, the venture world woke up to see their reputations for sale.
As one person tweeted, I own a piece of @chamath and @elonmusk on BitClout. Should I start my family office now or wait to?
He s referencing renowned investor Chamath Palihapitiya and the family offices that handle the finances for the ultra-wealthy. It s the power of BitClout: buy a share of your favorite VCs and watch your self-esteem skyrocket.