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DeepNewz, mobile.
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Venture capital (VC) funding in the crypto sector has seen a significant resurgence in 2024, with $2.2 billion raised so far this year. Notably, $500 million was injected in the past few weeks by VC whales, led by ParaFi's $120 million and Borderless Capital's $100 million DePIN fund. DePIN, which focuses on decentralized networks like Helium and GEODNET, is emerging as a disruptive force with real-world utility and strong revenue streams. This surge in funding marks a rebound from the decline seen in 2022, indicating renewed investor confidence in the crypto space.
💯. Most of VC culture lacks understanding of psychology, consciousness and peak performance. There are good "patterns" to match dysfunction driving returns. But that's simply emblematic of the era in which they took place. New world, new paradigm now. https://t.co/LJAmcOpj6u
The Paradox of Venture Capital in 2024: Best of Times, Worst of Times Startups and VC are not supposed to be easy - startups are hard! https://t.co/sxa724Ndmy
An observation from investing 50+ companies in the crazy ZIRP era in 2021-22: The startups that had the easiest time raising money were also quicker to give up when things got hard Meanwhile, most of the companies that grinded tough rounds out have continued to thrive
