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Jack Kubinec
Investigative crypto journalist and reporter who broke the Berachain Series B refund-right story and covers token deals and venture terms.
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Nov 26, 2025
• 36min
Why Berachain Gave Brevan Howard a Secret $25M Escape Hatch - Ep. 961
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In this discussion, investigative crypto journalist Jack Kubinec shares his insights on Berachain’s unusual Series B funding terms. He reveals a startling $25 million refund clause for lead investor Brevan Howard, something rarely seen in crypto deals. Jack highlights the implications this could have for transparency across the sector and how it impacts other investors through potential MFN clauses. The podcast delves into Berachain’s market struggles and poses critical questions about the state of venture funding in crypto.
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