Loads of entrepreneurs have used the crypto growth to plot the subsequent step of their Silicon Valley character arcs, however few of them have an energetic tv sequence chronicling their misdeeds.
This week, Adam Neumann made his post-WeWork debut, co-founding a blockchain-based carbon credit market, and — extra impressively — elevating $70 million in funding for it, about half of which got here from VCs with the opposite portion coming from a personal token sale.
The information of the deal, led by Andreessen Horowitz, made waves on Twitter, so naturally we needed to focus on it this week…
Hiya and welcome again to the Chain Response podcast, the place we unpack and clarify the most recent crypto information, drama and tendencies, breaking it down block by block for the crypto curious.
This week, we dove into the Neumann information whereas additionally dissecting Andreessen Horowitz’s newest crypto mega-fund which has fairly a number of zeroes. The $4.5 billion Crypto Fund IV doubles the scale of the agency’s final fund which launched below a 12 months in the past. It comes at a fairly turbulent time for the business — tokens are crashing, blockchains are imploding, buyers are getting liquidated and the outlook is grim. However crypto firms wish to discover methods to climate the storm, this week we talked a bit about FTX which introduced its foray into inventory buying and selling.
Our visitor: Grace Isoford of Lux Capital
In our interview this week, we sat down with Grace Isford. Isford is an investor at Lux Capital the place she backs crypto startups targeted on scalability and safety. In our wide-ranging dialog, we talked about this greatest scaling points going through web3 and the way customers can keep secure and embrace danger on the similar time.