VC 3.0: The Role of Venture Capital in Web3
🙈 Yuga Labs, the creator of the famous Bored Ape Yacht Club NFT collection, has recently raised $450M led by a16z.
This seed round puts them at a valuation of $4 billion. Yep, and that's just the seed round.
We all know that Web3 feels a bit like the wild, wild west.
Now, Web2 venture capitalists are starting to get in on the game.
But how do you think about "returns" in Web3 investments? How do they even work? Is it even a good thing for VCs to get involved in a world where decentralisation is a mantra?
Join us as we chat to some awesome Aussie VCs who are deep down the Web3 rabbit hole:
Abhishek Maran - Investments @ Folklore Ventures | Co-Founder @ DAO Under
Lauren Capelin - Principal @ Startmate
Sally Yu - VC Investor @ King River Capital
Dan Farahani - Web3 Native | Angel Investor
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