The State of Crypto VC Some insights for founders into the current state of crypto fundraising and some of my personal prediction on the future of crypto venture capital 👇

Setting the stage: It's tough out there Fundraising is challenging because of upstream DPI and LP capital challenges. Across the broader venture landscape funds are returning less dollars to LPs on the same timeframe of previous vintages. This in turn results in less dry capital to existing and new VCs which results in a tougher fundraising environment for founders.