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TEXXR

Chronicles

The story behind the story

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Coinbase co-founder Fred Ehrsam and ex-Sequoia partner Matt Huang announce Paradigm One, a $2.5B fund focused on crypto and Web3

Miles Kruppa / Financial Times : Source: Paradigm .

Financial Times Miles Kruppa

Discussion

  • @matthuang Matt Huang on x
    Crypto/Web3 is the most exciting frontier in technology Thrilled to announce @Paradigm's new $2.5B fund https://www.paradigm.xyz/...
  • @eevee @eevee on x
    it is completely wild to me how many people on here are making 100% confident statements about what is made possible by web3, a thing that does not seem to actually exist and right at the same time as facebook releases an AMV about “the metaverse” and pretends it's a product
  • @cdixon Chris Dixon on x
    Congrats to our OG crypto friends @FEhrsam and @matthuang and the rest of the excellent Paradigm team on the new fundraise. https://twitter.com/...
  • @thatguybg Brett on x
    paradigm is the sequoia of web3 i don't make the rules https://twitter.com/...
  • @simondlr Simon de la Rouviere on x
    You can't say paradigm without gm. 😅 https://twitter.com/...
  • @jamesjho_ James Ho on x
    Big win for the entire ecosystem - and testament to how far it's come. Congrats to @matthuang @FEhrsam and the entire @paradigm team! So excited for what's ahead. https://twitter.com/...
  • @pt Parker on x
    @alex For some reason crypto requires $100M seed rounds. Building the future is apparently very expensive.
  • @cmsholdings @cmsholdings on x
    Still bearish https://twitter.com/...
  • @joemccann @joemccann on x
    There's signal here when *another* fund is raising billions for web3... https://twitter.com/...
  • @melt_dem @melt_dem on x
    probably nothing there are multiple 9 and 10 figure funds being raised and they are all oversubscribed crypto is gonna eat venture https://twitter.com/...
  • @jasonyanowitz @jasonyanowitz on x
    $2.5 billion of new capital coming into crypto VC Congrats @paradigm! https://www.paradigm.xyz/...