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Crypto Venture Capital 101 Playbook
When you're investing in crypto projects, how do you distinguish cases where there's some real new good or service that a new technology is enabling and cases where it's just speculation of some kind? Yeah. So what we definitely don't do is the speculation side. We approach it with a venture capital 101 playbook, which is like, look, we're looking for basically really sharp founders who have a vision and the determination to go after it. The reason that's not necessarily the norm of crypto, I think is basically an artifact of the fact that, you know, especially anything with crypto tokens, like they do tend to publicly float much sooner than startup equity floats.