Remove categories web3
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What Will Happen In 2023

A VC: Musings of a VC in NYC

I want to focus this post on the macro environment for tech, startups, web3, and climate because that is where my head is at right now. With that macro view in mind, what would that mean for tech, startups, and web3? I think we will see a lot of startups in this category go under or taken out in fire sales in the first half of 2023.

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The Web3 Marketing Stack: The Next Big Wave in Crypto

Tomasz Tunguz

For web3 startups to thrive, their marketing teams will need to spend marketing dollars to acquire users efficiently. Existing marketing technology won’t work for web3. There’s no bridge between web2 & web3 data, yet. On the left web3 app marketers (advertisers) gather analytics on their users.

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Bisonai Partners with Polygon Supernet to revolutionize blockchain infrastructure for Web3

AsiaTechDaily

Register Bisonai, a Singapore-based company specializing in Web3 infrastructure, has joined forces with Polygon Supernet, a blockchain developer that provides a Layer 2 scaling solution for Ethereum, to revolutionize enterprise blockchain solutions, offering scalable and customizable Web3 infrastructure to businesses worldwide.

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The Greatest Profitability Turnaround in Software History

Tomasz Tunguz

This year, web3 activity has fallen dragging revenues along for the roller coaster ride. The broader point is that web3 companies can generate significant revenues & profits. Investors will value web3 companies as a function of their revenue potential, their revenue growth rates, & their growth efficiencies.

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Crypto is altering the investing landscape for even the most disciplined VCs

TechCrunch

The long-awaited re-correction of private tech startup valuations and fundraising expectations has a web3-sized asterisk next to it. Web3 cap tables typically range across four different categories, Chris Matta, president of 3iQ Digital Assets, explained to TechCrunch. And web3 is all about the community.”.

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Guess the Startup Answers

Tomasz Tunguz

Second, to show that database companies across web2/web3 can trade at similar multiples, which was a surprise to me. So inevitably, investors will compare web2 and web3. But, there are many questions to answer about the differences between equity and tokens before the valuation multiples across these two categories reach a consensus.

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Vessel Capital emerges from stealth with $55M fund focused on web3 infrastructure and apps

TechCrunch

Vessel Capital , a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm exclusively told TechCrunch. Founded by Mirza Uddin, Eric Chen and Anthony Anzalone, the firm has been investing about $10 million annually, Uddin said.

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