Sometimes in the crypto markets, you see a disconnect. A disconnect in sentiment between two classes of crypto investor.
In this case, the disconnect is between retail (us) and the institutional investors (VCs, Hedge Funds etc).
After seeing the collapse of Terra and the start of the bear market, I was convinced that VC money would start to dry up as these investors held dry powder for the bear market.
However, it appears that the exact opposite has occurred.
Yesterday we got the news that a16z (Andreessen Horowitz) closed a funding round for their $4.5 billion crypto fund.
What’s even crazier than that is that this is their 4th crypto fund raise and almost double their raise for the crypto 3 fund last year.
It’s absolutely bewildering to me that they were able to raise this amount of capital when we are supposed to be heading into a “crypto winter”. Either these VC investors are naive, or they know something that we don’t.
So, which one is it?
Well, the clues to that answer can be gleaned within the documents of their most recent crypto report. Called the “State of Crypto”, this was a report that a16z crypto released last week and it was filled with insightful information.
I thought that this would be an ideal opportunity to break down the report so that we can all appreciate what lense the VCs are viewing the crypto industry through.
That’s exactly what is covered in my latest video. I take you through some of the most important sections and give you my thoughts along the way.
Trust me folks, this is a video you don’t want to miss!
P.S. Enjoy that disclaimer, it’s tasty
⛓️ 🔗 Useful Links 🔗 ⛓️
a16z Report: https://a16zcrypto.com/state-of-crypt…
Cross Chain Bridge Risk: https://thedefiant.io/vitalik-eth-cro…
Wormhole Hack: https://www.theverge.com/2022/2/3/229…
Ronin Hack: https://cointelegraph.com/news/axie-i…
Ethereum Upgrades: https://ethereum.org/en/upgrades/
WSJ Report on Flatlining: https://www.wsj.com/articles/nft-sale…
a16z Crypto Fund 3: https://a16z.com/2021/06/24/crypto-fu…
Katie Haun New Firm: https://www.cnbc.com/2022/03/22/crypt…
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.