Content
@
https://warpcast.com/~/channel/brypto
0 reply
0 recast
0 reaction
Garrett
@garrett
Interesting trend from the larger crypto VCs: They have so much money to deploy that they're resulting to basically market buying tokens with soft lockups rather than traditional venture investments Seems like a result of having too much money to deploy without enough Series A+ projects in crypto that are worth deploying into in terms of risk vs reward Crypto VCs are more risk-averse than most tech VCs since they've been spoiled by much quicker liquidity events compared to more traditional tech VCs Some crypto VCs can act more like traders than venture investors given the shorter liquidity horizons that crypto presents https://x.com/alive_eth/status/1934987678719873174
4 replies
3 recasts
22 reactions
six
@six
These firms do have a ton of capital to deploy but it’s also a common thing in growth stage venture to double down on later rounds etc. imo this is just the crypto equivalent of e.g. Founders Fund leading every subsequent Ramp round, but in crypto once a token is live this is how those later “rounds” would work (unless there are structures in place for further dilution etc)
2 replies
0 recast
6 reactions
Garrett
@garrett
Yeah makes sense More of an observation, rather than a critique It’s a good thing in crypto that public market participants have access to invest alongside bigger investors even though equity != token
0 reply
0 recast
1 reaction
