In less than a year since we closed our first fund, we have established ourselves as leader in the promising world of next-gen fintech and decentralized finance. The fund is outperforming markets and other VC funds (details are for qualified-client/qualified-purchaser investors only — sign up here to learn more).
As word has gotten out, more than a few of you have written to me asking about access to our funds and/or joining our growing team. We are hiring (at senior and junior levels) and we are moving towards closing Fund 2 in a few months.
In a nutshell, it is ALL about our portfolio. …
The Japanese expression of gratitude we heard everywhere, almost always accompanied by a bow, delivered with a lilt, is so different from the distant almost insincere “thank you” we mutter in most parts of the world. And that is Japan for you: a modern, developed society, that is so genuine, still steeped in ancient culture, that it stands apart from every other developed country we have been to.
Packing: there was much debate in the family about how to pack for our 8 days in Japan. We did China with backpacks and that worked really well. We wanted to do the same in Japan as we foresaw a lot of train and subway travel. But the kids argued that Japan has excellent infrastructure featuring long walks in train terminals and airports and very crowded subways, where a small rolling pullman would make more sense. As it turns out we found Japan was both — backpacks work best outside the big cities and the rolling bags worked better in the giant train terminals. …
The Trading Show is an esoteric conference that brings together people who work in niche areas of fintech like algorithmic trading and increasingly in digital assets and cryptocurrencies. I was invited to speak at the Chicago event last month on the subject of Fintech and its evolution, which presented a good opportunity to introduce our investment thesis for the next series of funds from Applied Crypto Ventures.
Back in late 2017, when Applied Crypto Ventures first fund announced our framework for investing in Blockchain, we were very focused on blockchain protocols at two levels: