venturecapital

Only 10% of companies that raised their A in H1 2022 have made it to Series B so far (which is a lot lower than prior years)

When a portco you haven't heard from in two years pivots to AI

If I were ever raising money for my own crypto startup, 1Confirmation would be my first call and at the top of my wishlist

Had a chat with a Web2 vc friend about investments in web3 companies. He asked me why are all the rounds effectively party rounds and I explained that especially for protocols, or community owned products, you can't have a single VC owning 20% of the network. Decentralized systems must have a lot of stakeholders!

As VCs, we are are B2B service providers. We just have the added complexities of having two very distinct customer sets, and operating in a regulated industry. Its easy to forget that.

Benchmark. Most T1s look to grow AUM, team size, have platform teams, launch vertical-specific funds, launch LP products beyond venture, etc. Benchmark stays true to its strategy, the team is laser-focused and extremely disciplined.

SpaceX to hold a tender offer. Rumors are it'll be at a $210B valuation.

We are continuing to refine the automod rules for the venture capital channel. Thank you for your patience while we adapt to decentralization. If you've been posting and believe your content should be making it into the Main feed but has not been, please leave a link to the post below in the comments. 🫡

Word on the street is VCs are rightsizing their investment teams. I've seen a handful of cases, but not enough to call it a trend. https://pitchbook.com/news/articles/vc-investor-headcount-staffing-lags-market-recovery

I was writing this in an email to some folks but figured I'd also share this chart here i find it incredibly fascinating. hope yall do too!