We updated our investment thesis a few months ago…we invest in mission-driven founders at the earliest stages. Since that time, we’ve been asked how we define a mission-driven founder. It’s not just some vague buzzword to us, so we thought it would be helpful to provide more context on our definition…
We are very pleased to announce our investment in Uniswap, the leading decentralized crypto exchange. We participated in the $11m Series A raise, alongside our friends at a16z, USV and Paradigm. Exchanges have been the most important piece of infrastructure when it comes to building out crypto networks. The first…
Since the early days, crypto has had four core promises: 1) Enabling trust at scale. Transactions are executed by code, rather than a single gatekeeper like a bank or other financial middleman. 2) Permissionless innovation. Crypto’s open source nature enables anybody to build on top of existing code. 3) A…
Today, one of our newest portfolio companies, Cape Privacy, announced their seed fundraise in conjunction with the public launch of their privacy platform. You can read more details about the launch here. We co-led the seed round with our friends at boldstart ventures with participation from Haystack, Radical, and Faktory…
We are very excited to announce our investment in Opyn, a decentralized options marketplace. If you invest in ETH (or just follow it), you’re used to prices going up and down. Opyn lets you protect your DeFi deposits and hedge ETH risk. The platform allows you to purchase put and…
