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Praise Our Lord For Secondary Markets, Because Selling Shares Is Now an Essential Part of (Seed) Venture Capital

Hunter Walk

Soon I’ll have spent more time on cap tables than org charts. I entered venture capital with some beliefs – many of which still hold true (such as ‘your LPs are your business partners, not your customers’). I mean, we’re investors, not traders, right? VC Skillset VCs are investors, not traders.

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My 1985 Nike Air Jordan Investment

A VC: Musings of a VC in NYC

Earlier this week I purchased 1% of a collection of five 1985 Nike Air Jordan sneakers using our portfolio company Otis’ mobile app. I paid $330 for ten shares (out of a total of 1000 shares) implying a value of $33,000 for the five pairs, or roughly $6600 each. I like that very much. It was a lot of fun to do.

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Meetings in the Metaverse: A Step-By-Step Guide to Creating a Virtual Office

StartupNation

Creating an account in Decentraland requires a crypto wallet that will serve both as your bank account and payment method within the platform and as a sort of passport or ID. There are several crypto wallets you can choose from, some of which will let you open a business or institutional account. Step #2: Buy some crypto.

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Daily Crunch: Corporate management startup Ramp doubles its valuation to $8.1B with new financing

TechCrunch

Short and to the point today: Follow our newest hire, the excellent Jacquelyn Melinek , who joined the TechCrunch+ team as a senior crypto reporter. That’s what I took away from today’s news that Ramp has raised more capital, at a higher price, and scaled revenues by around 10x last year. We’re super stoked to have her aboard!

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A Crypto-Trading Uber Driver and a Billionaire's Spat over Candy - On The Importance of Sticking to Your Strategy

Tomasz Tunguz

At Redpoint’s annual investor meeting earlier this year, I quipped, “The day-trading taxi drivers of the dotcom era have been replaced by crypto-trading Uber drivers.” ” But over the weekend, a grizzled Uber driver with a mane of grey hair and wind-and-sunburnt cheeks asked me about crypto.

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Extra Crunch roundup: ‘Nightmare’ security breach, Poshmark’s IPO, crypto boom, more

TechCrunch

Thank you very much for reading Extra Crunch this week; I hope you have a safe, relaxing weekend! Is rising usage driving crypto’s recent price boom? CoinMarketCap reports that crypto market values have reached almost $659 billion; that figure was just $140 billion in March 2020. Details here. Walter Thompson.

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OurSong co-founder PoChang Wu is remixing creation and licensing models for musicians

AsiaTechDaily

He explains how the then mostly unknown rapper made the song from a beat he bought for $30 that was created by a 19 year-old called YoungKio in the Netherlands. Then in 2022, global markets took a huge hit, and the once booming NFT / crypto space transformed into a bloody battlefield.

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