crypto industry

“What's for sure is that the industry is better capitalized than ever. So in some ways, like even if there's a softening and valuations go down and there's a bit of a bear market, it should weather it pretty well in my view.”

“Last year, the industry raised about twenty five billion or so in capital on the venture side. In the year before, 2020, the number was three billion. This first quarter alone, the industry raised ten billion.”

“All the talent gets attracted and comes into the space when there's bull markets, but they don't leave when there are bear markets. It's a one-way function from traditional finance and from tech into crypto, and that is one of the best data points that you can…”