McDowell: Arcanum's $900M public portfolio company will surpass a $1B valuation
James McDowell · 26 - Investing in Web3 and Decentralized Blockchain Networks with Arcanum Capital Founding Partner James McDowall · Feb 20, 2025 · at 3:47
James McDowell, founding partner at Arcanum Capital, discusses the valuation growth and milestone expectations of an early-stage portfolio investment.
0:00 / 0:12exact quote · 12.6s
720p mp4 · rendered on demand · StarZero watermark
“So already got one that nearly hit unicorn. So we were actually the very first check in at. And it hit nine hundred million on the public markets just recently. We expected to go beyond a billion.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from James McDowell
McDowell predicts the US will build a strategic Bitcoin reserve
“If America start building a strategic Bitcoin reserve, which I think they will, they probably already have, right? And they're talking about it now, who knows how long they've been buying for.”
McDowell predicts peak cycle prices: BTC $150k, ETH $10k, SOL $700
“I think realistic targets for this cycle, Bitcoin, a hundred and 150 K Ethereum, probably 10 K plus Solana could go to six, 700.”
McDowell: Indian Web3 Market Saturated and Declined in Quality After 2021
“So India was great back in sort of 20, 20, 21, and then it got a bit saturated and the quality dropped like all these speculative hype cycles. The quantity of stuff coming out goes up and the quality drops and you step back a little bit and say, this is a bit …”
McDowell: China still controls a significant share of Bitcoin mining
“And a lot of the mining activity is controlled by China, although it's officially banned. It is there.”
Arcanum secured a multi-billion dollar corporate first-time LP for Fund II
“We've just secured a very prolific investor in the second fund. There should be a press release going out in the next week or two, but until the bunny hits, I can't really announce it yet, but you keep an eye out for that. It's quite big news. We're the first …”
McDowell: Arcanum raised $12M and deployed across 44 projects in six months
“So we raised about twelve million dollars and deployed that over the space of about six months. There was a lot of deal flow, 20, 20 and 20, 21. Was what we would say that is the last cycle before the one that we're in now. So we raised that fund towards the e…”