I just minted a custom Warplet with DNA generated from my Farcaster profile. Join The Warplet family!
- 0 replies
- 0 recasts
- 0 reactions
I recently saw this metric from Carta’s 1Q24 VC Fund Report, which is very concerning. DPI... is nowhere to be found in earlier vintages that probably should start showing DPI. Funding early-stage projects is great, but ultimately, these venture dollars need to exit their investments and pay back their limited partners. This is traditional VC data from Carta, and is not strictly crypto venture. Crypto venture tends to get liquidity earlier (tokens) and things tend to go parabolic sooner (faster, more unicorns) - but likely that the data here is somewhat similar for Crypto VCs… Not as much DPI as there should be from these earlier vintages. Read the full article, as well as a recap of all the crypto fundraising rounds for August, here: https://benlakoff.substack.com/p/deal-flow-digest-august-2024
- 0 replies
- 0 recasts
- 3 reactions
Pretty darn eventful July. But the market is down today so it must all be over. 🐻 In July: - Crypto/AI fundraises, 18 raises >$10M. - 5 New VC Funds announcing their fundraises. - 3 Ongoing hackathons w/ >$200K in prizes More here: https://benlakoff.substack.com/p/deal-flow-digest-july-2024
- 0 replies
- 1 recast
- 1 reaction