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Dragonfly's Hadick on Crypto Investment Opportunities

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Rob Hadick, General Partner at Dragonfly, discusses the investment opportunities in the cryptocurrency and the company's fundraising plans. He speaks with Annabelle Droulers on the sidelines of the 'TOKEN2049' event on 'Bloomberg:The Asia Trade'.

It's about what's happening in the industry because we have seen it quite volatile, the VC space. We had such a big run up in terms of funds that were being raised, deployed, slumped. A bit of a recovery perhaps coming through now. What are you saying exactly? Yes, thanks for having me on first. But, you know, I think the market today is a lot healthier than it was. You talked about the year and the year before.

Now, at times valuations in crypto in the public token market as well have been disconnected and so they're able to and willing to pay for that. But it's unclear to me that that's going to continue. And so. MZ For us, you know, I tell all of these companies I talked to, we're never the cheapest capital. Can you give us some more more details on that? What? Why? You know, the cheapest capital.

 

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