3 min listen
The crypto venture market is painfully slow
FromThe Scoop
ratings:
Length:
38 minutes
Released:
Sep 19, 2023
Format:
Podcast episode
Description
Mike Dudas has over a decade of experience investing in the crypto industry and is the managing partner at the VC firm 6th Man Ventures.
In this episode, Dudas examines the state of the crypto venture market, which he claims is currently stuck in "the slowest pace of dealmaking" he has ever seen.
According to Dudas, two of the main contributors to slowing crypto VC activity are the dwindling number of real users for blockchain based products, plus founder expectations that are still anchored to unrealistic bull market valuations from days past.
However, despite slowing user growth and lackluster price action, Dudas points to the uptick in developer activity as a beacon of hope that promises better experiences and products to the next wave of new crypto users.
In this episode, Dudas examines the state of the crypto venture market, which he claims is currently stuck in "the slowest pace of dealmaking" he has ever seen.
According to Dudas, two of the main contributors to slowing crypto VC activity are the dwindling number of real users for blockchain based products, plus founder expectations that are still anchored to unrealistic bull market valuations from days past.
However, despite slowing user growth and lackluster price action, Dudas points to the uptick in developer activity as a beacon of hope that promises better experiences and products to the next wave of new crypto users.
Released:
Sep 19, 2023
Format:
Podcast episode
Titles in the series (100)
Introducing The Scoop with Frank Chaparro: A sneak peek of what's to come from The Block's new podcast, The Scoop, featuring our first guest, Mike Bodson of DTCC. by The Scoop