Crypto-focused VC on the FTX fallout: ‘I’m worried about the overall lack of LP appetite going forward.’
https://techcrunch.com/2022/11/17/crypto-focused-vc-on-the-ftx-fallout-im-worried-about-the-overall-lack-of-lp-appetite-going-forward/
During an unprecedented bull run, crypto-focused investors raised, and deployed, billions of dollars in capital. But now, not only are VCs operating in a bearish crypto market, they are navigating the fallout of the FTX collapse and the potential impact it will have on their investment strategies moving forward.
Double Down founder and general partner Magdalena “Mags” Kala and Dragonfly general partner Tom Schmidt shared their views at TechCrunch’s crypto conference in Miami on Thursday on what’s next in crypto in the wake of the FTX drama.
Crypto-focused VC on the FTX fallout: ‘I’m worried about the overall lack of LP appetite going forward.’
Nov 17, 2022, 6:17pm UTC
https://techcrunch.com/2022/11/17/crypto-focused-vc-on-the-ftx-fallout-im-worried-about-the-overall-lack-of-lp-appetite-going-forward/
> During an unprecedented bull run, crypto-focused investors raised, and deployed, billions of dollars in capital. But now, not only are VCs operating in a bearish crypto market, they are navigating the fallout of the FTX collapse and the potential impact it will have on their investment strategies moving forward.
> Double Down founder and general partner Magdalena “Mags” Kala and Dragonfly general partner Tom Schmidt shared their views at TechCrunch’s crypto conference in Miami on Thursday on what’s next in crypto in the wake of the FTX drama.