The Ledger
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Recent crypto fund vintages will produce a high number of zeros
“I think we're going to see a lot of zeros pop out of the vintages of these crypto funds that we've seen recently.”
Newer crossover funds that scaled rapidly face an imminent market reckoning
“Anyone that either doesn't have their existing track record of the last, whatever, 10 years attached to the name of their existing firm, or anyone that scaled well beyond what they had, you know, in the prior five years, in the last two years, I think anyone t…”