Pinned
Doubling Up While Doubling Down - Announcing our Latest Funds blockchaincapital.com/blog/doubling-… #blockchaincap
Bart Stephens
1,757 posts
Bart Stephens
@pbartstephens
#Blockchain #crypto VC - Founder & Managing Partner @bcap. 13 years of building an industry, 1 founder at a time. Legal disclaimer: Views are my own.
Joined January 2010
- Replying to @DavidSacksI can personally attest to @DavidSacks divestitures. He was an LP in a Banger fund of ours @bcap and had to sell his LP interest in a secondary transaction. David’s time & attention is worth more than his money. TLDR : He is taking a massive pay cut for service to this
- While Jamie Dimon of @jpmorgan was bashing #bitcoin, his SF office was hosting @bcap @PanteraCapital @BoostVC and @polychainfund 🤔
- Decentralized systems are inherently robust. Did you know that the starfish is a decentralized organism? If a starfish loses an arm, that arm can regenerate into a complete new starfish. Hence the @bcap logo 👇🏼
- There is a little bit of Rebel in all of us. At a psychological level, #crypto scratches that itch. The itch that tells us that the traditional financial system that failed us all in a galactic way in 2008 won't change itself.
- Blockchain Capital launches two new funds for a total of $580M | TechCrunch
- . @PayPal in the early days "air dropped"$5 in fiat into checking accounts as a growth strategy. It worked ($PYPL = $90 B val today). Why should token air drops be treated differently?
- Met with more hedge funds in NYC. Lots of intellectual interest but none r long crypto. Reason: no prime brokers or 3rd party custody
- Blockchain Capital Raises $300 Million for Fund V
- Blockchain Capital raises $150 million for new fund axios.com/blockchain-cap…
- Bear markets test us all. They test fortitude. Psychology. Balance sheets. Forward looking projections. Advances in technology. Regulators. Forget not: Blockchain tech and crypto assets are here to stay. Profound technology captures imaginations. Human talent leads the way
- #Crypto has created 150 liquid Unicorns this year without the help of Wall Street or Sand Hill Road
