Here's an excerpt from the fund's blog:
If you haven't heard of it before, it's a firm that's been involved in a number of prescient investments - including those in Coinbase, Facebook, Instagram, Lyft, and more. It sounds like they want to be an engine behind the crypto-revolution. It will be interesting to see what start-ups come out of this fund. Over the past few months, I've encountered several aspiring businesses that have piqued my interest. Does anyone know of any that you see potential in?“The size of this fund speaks to the size of the opportunity before us: crypto is not only the future of finance but, as with the internet in the early days, is poised to transform all aspects of our lives.”