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Can Crypto Find a New Narrative? | Haseeb Qureshi & Tom Schmidt

Empire

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What's the Venture Market Look Like to Day?

Hasi: People think of venture as just like public markets, but like, smaller and yo, private. And it'sk not true. It's more kind of gros stage, ind later stage, where we've already seen a lot of yo marked downs. Tiger announced to day down like 52 %. Oftentimes those rounds won't get done, or it'll get done in a very painful way with thenam of the indesters thay don't necessarily want. There's also this weir dynamic in terms of like, private public market compression. Hasi: Now we're seeing great products, great companies, great teams that have a real poblaMarket is pretty

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