3min chapter

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Finding 3x vs 200x bets: Secrets of a NFT Trading Fund - Spencer, Spencer Ventures, Ep. 238

The Blockcrunch Podcast

CHAPTER

The Dark Side of Venture Investing

I used to fence competitively. So I was doing World Cups and Grand Prix for the US training like full time basically. And while I was doing that, I needed money and I needed a job and I didn't have a degree. Ended up working at a startup based out of New York. Was an early investor in Yuga Labs assets and artifacts,. which got acquired by Nike, cool cats, which pumped pretty strong. In December of 2021, sold most of what I was holding to stables. So about 70% of the portfolio. Using that in Q3 of 22, I raised a fund.

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