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Tech Earnings and AI's Rise

Bloomberg Tech

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The Difficulty of Raising a Seed Stage in Crypto

The price of Bitcoin has rallied from 16,000 to almost 30,000 in the last six months which is pretty remarkable and I wouldn't be surprised if Bitcoin hits 40,000 this year. The banking regulations have become increasingly hard getting banks is increasingly hard everything that could go wrong has gone wrong for the crypto industry. We wanted to get a mix of crypto investors as well as Silicon Valley investors but they're no longer doing crypto investing anymore while our team said they're now doing AI in pivoted so it was much more difficult that way.

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