Source: Chamath Palihapitiya shelved plans to raise $1B for an early-stage investment fund, in part due to fundraising challenges
Kia Kokalitcheva / Axios : X: @mhdempsey , @thestalwart , @carnage4life , @riddle245 , @fisurgi , @hitsamty , @jasonlk , @fed_speak , and @bucknsf X: Michael Dempsey / @mhdempsey : It is truly shocki...
[Thread] A look at Helium, a network of 500K+ crypto mining hotspots, which raised $365M from a16z and others and generates an estimated $6.5K/month in revenue
.@Helium, often cited as one of the best examples of a Web3 use case, has received $365M of investment led by @a16z. Regular folks have also been convinced to spend $250M buying hotspot nodes, in hope...
Analysis: Coinbase influences cryptocurrency returns, most coins underperform BTC and ETH over time, and VC-backed coins give the worst returns of all
Note: This is not investment advice and my investment disclosures are below. — Special thanks to my Ali Khan for running the scripts to grab and analyze pricing data. Tweets: @balajis , @jack , @lud...
Sources: Sequoia Capital is considering changing how it distributes investment returns in a bid to avoid tax increases proposed by Biden's administration
Sarah McBride / Bloomberg : Tweets: @bitinn , @thestalwart , and @danprimack Tweets: David Frank / @bitinn : TIL: “Sequoia's investors, largely endowments and nonprofit organizations that aren't subj...
A look at Webull, a Chinese-owned no-fee stock trading app whose userbase in the US has grown tenfold this year to over 2M
Even in a year full of surprises on Wall Street, this one stands out: A Chinese-owned brokerage has quietly built one of the fastest-growing retail trading platforms in the U.S. Tweets: @bw , @thestal...