Why the Venture Capital Industry Won't Miss Alameda Research
Certainly, the market seemed to care a lot about this as it happened. The last two months of 2022 were a crypto winter as dark as any in history, with prices in freefall with seemingly no end in sight. Come January, and things are thawing out:"We believe there is plenty of dry powder among crypto-native and crypto-focused VC funds to more than compensate for the fundraising gap left by Alameda and FTX,” Robert Le, a senior emerging technology analyst at Pitchbook, told CoinDesk in an email.
Perhaps a fair question is, does the VC world want another Alameda? Although the firm closed 38 deals it wasn’t the biggest investor. That goes to Coinbase Ventures, as Pitchbook puts their deal count at 121. Despite this, Coinbase Ventures just doesn’t have the same profile as Alameda had. Its management team, for example, is lesser-known than Alameda’s high-profile executives.
AlamedaResearch thesamreynolds but capital stakeholders loved alameda before..
AlamedaResearch thesamreynolds Following reports from thesamreynolds, it appears that Bitcoin continues to hit new highs as Fed Chair Jerome Powell's comments have lead to deflationary impacts.
AlamedaResearch thesamreynolds As Jerome Powell's comments send the Bitcoin price soaring, venture capital stakeholders explain why Alameda Research will not be missed in their sector. Find out more about this story on
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Source: CoinDesk - 🏆 291. / 63 Read more »