Equity

The new alchemy is turning gold to crypto

Oct 29, 2021
The hosts dive into the current IPO surge, spotlighting companies like Paytm and Sweetgreen. Alchemy's $250 million blockchain funding showcases the crypto sector's resilience. A new audio-focused dating app aims to enhance genuine connections. Challenges in college credit transfers are addressed by an innovative startup for students. Additionally, the discussion on Sequoia Capital's new strategy reveals intriguing shifts in venture dynamics, while the Midwest startup boom gains exciting attention.
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INSIGHT

IPO Rush

  • Several IPOs are expected, including Paytm, Sweetgreen, NerdWallet, and Backblaze.
  • The current IPO rush suggests increased public market activity.
INSIGHT

Alchemy's Rise in Web3

  • Alchemy, a blockchain infrastructure company, raised $250 million at a $3.5 billion valuation.
  • It aims to be the AWS of Web3, supporting major players like OpenSea and Adobe.
ANECDOTE

A16z's Crypto Basket

  • Andreessen Horowitz's investments in Alchemy, OpenSea, and Coinbase show a concentrated crypto focus.
  • This strategy offers competitive advantages but also potential conflicts of interest.
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