A VC: Musings of a VC in NYC
DECEMBER 31, 2022
I like to bookend the New Year holiday with two posts, one looking back at the year that is ending and one looking forward to the year ahead. This is the first of these two posts. The second one will run tomorrow. What happened in 2022 is the bottom fell out of the capital markets and the startup and tech sector more broadly. Back in February 2021, I wrote a post called How This Ends.
Tomasz Tunguz
DECEMBER 31, 2022
Just how big is the current web3 B2B SaaS total addressable market (TAM)? In the last six months, 103 web3 companies generated revenue on-chain, the smallest of which recorded a few hundred dollars of sales & the largest, Ethereum, tallied $401m. 44% of these companies produced less than $0.5m. But a nascent mid-market does exist : 41 companies produced between $5-25m.
OurCrowd
DECEMBER 31, 2022
Ursa Major recently delivered its first copper-based 3D printed engine components. The combustion chambers were created in the company’s Advanced Manufacturing Lab in Youngstown, Ohio, which began producing and delivering various other rocket engine parts in May of this year. Read more here. The post [Ursa Major in TCT Magazine] Blast Off: Ursa Major on its first copper 3D printed rocket engine parts appeared first on OurCrowd Blog.
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