Identifying lasting web3 trends from crypto’s bull run (w/ Naveen Jain)
Chain Reaction
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Crypto Funds That Raise Money During a Bear Market
There are still a lot of crypto funds out there that have been raising capital from their investors. According to c b insights, venture deals in the second quarter of 20 22, we're down 23%. This was the biggest quarterly percentage drop in deals and the largest drop in funding in a decade. Light speed has raised seven billion dollars total across four different funds; most of that isn't for crypto.
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