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The rules of VC are changing: Here’s what founders should be considering in the new era

TechCrunch

She co-manages Ignite, a $90 million fund focused on growth-stage companies across industries including computational biology, enterprise security, blockchain technologies, clean tech and more. Source: PitchBook data from 2012-2022. Source: PitchBook data from 2012-2022. Source: PitchBook data from 2012-2022.

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Coinbase’s direct listing alters the landscape for fintech and crypto startups

TechCrunch

The transaction’s effects will be felt for some time in the public market, but also among the startups and capital that comprise the private market. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday. Are crypto startups less risky now?

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How African CIOs can serve as agents of adoption for digital currencies

CIO

“The continent has not yet laid the foundations of the digital economy to impact the perception of digital money,” says Armand Ngueti, a technical specialist in computer science and president of the Blockchain Association of Cameroon (BAC), launched by the Cameroonian government. People still equate IT with bureaucrats.

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AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups

TechCrunch

Founded in 2009, AppWorks started its accelerator program before launching a $11 million debut fund in 2012. AppWorks’ three main investment themes are Southeast Asia, blockchain and artificial intelligence. AppWorks’ current blockchain investments include Dapper Labs, Animoca Brands and Splinterlands. for the other funds.

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Suma Wealth helps Latinos build credit through gaming, in-culture content

TechCrunch

Suma Wealth is at the intersection of edtech and fintech and is innovating on the blockchain. It is using the blockchain to certify everyone via proof of learning and attendance. Between 2012 and 2020, the company raised $52 million in funding before Acevedo and Greiff sold the company to Latido Networks.

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Early Coinbase backer Garry Tan is keeping the “vast majority” of his shares because of this deal

TechCrunch

Citing data from Capital Market Laboratories, Cointelegraph on Monday noted, for example, that 12,965,079 shares worth close to $5 billion at the time had been sold by insiders by the close of stock market on Friday. 08% of Coinbase, which currently boasts a market cap of $64 billion. GT: It was 2012.

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Patron, a new fund from former Riot Games colleagues, locks down $90 million

TechCrunch

If you follow tech press, you’ve probably noticed more outlets covering the blockchain-based, play-to-earn trend, wherein individuals playing crypto-powered games can ostensibly earn a living off their gaming skills if they earn assets within the game or tokens that they can then sell for “real” money.

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