Earlier this year, I set out to launch a new investment business called Factor Capital. After spending the past 20 years working alongside great teams to drive innovation in established industries, I saw an opportunity to apply some of my lessons learned and deploy capital to support founders working to do the same. A growing set of creative founders are leveraging blockchain technology to drive meaningful efficiencies in massive markets around the world - from renewable energy finance to funding scientific research and furthering the adoption of responsible and accountable AI. I began raising our first fund and am happy to publicly announce the official launch and first close of the fund today. This is just the beginning of a long journey to build a lasting investment business, and I am thankful to those who have been supportive in getting this off the ground and to be able to back awesome founders and businesses making a meaningful impact. Read more on the launch here: https://lnkd.in/gchFwtWZ
关于我们
Factor invests in entrepreneurs leveraging decentralized blockchain technology to make an impact on the off-chain world.
- 网站
-
www.fc.xyz
Factor Capital的外部链接
- 所属行业
- 风险投资与私募股权管理人
- 规模
- 1 人
- 类型
- 合营企业
- 创立
- 2023
Factor Capital员工
动态
-
The latest group of founders we're supporting at Factor Capital represents a new breed. In the past, it was a badge of honor for founders to boast about their long tenure in crypto. However, the best founders I see now are different. They highlight their fresh entry into the space, driven by a real-world problem they identified. They discovered that blockchain or crypto provided a unique and superior toolkit compared to traditional solutions they might have otherwise considered. These founders are often leveraging Chris Dixon's old "thin edge of the wedge" strategy to onboard mainstream businesses and users to crypto applications that largely have no crypto components visible to end users - but they do solve an overlooked problem in a novel way, powered by the utility of the crypto rails they're building on. The same challenge faces AI companies today as well, with the impressive utility of ChatGPT and Anthropic being great examples of the power of LLMs to edit text but with mainstream businesses increasingly unable to see how they can leverage it maximally to improve their bottom lines. Companies in our portfolio like Legitimate, Koywe, Coala Pay, Plural Energy, PLAYTRON and others are examples of this wedge approach, demonstrating crypto utility without showing off "crypto". I discuss how I would like to see more crypto founders think similarly and bring the best technologies of crypto to the masses to better showcase its utility in my latest blog post. https://lnkd.in/gjGFKJaj
Yes People Want Crypto Apps
blog.factorcapital.com