Aptos cofounder, early employees raise $50 million for crypto fund
The veteran crypto founder Mo Shaikh isn’t afraid to be brash. When asked why his new venture capital firm was called Maximum Frequency, or MF, Ventures, he said the name was a “nice play on letters.” Which letters? The same ones for “motherf–ker,” he implied, laughing.
“It kind of takes that level of grind and focus to really be a founder,” he told Fortune. In other words, to be a great founder requires “f–k you” energy.
On Tuesday, Shaikh, the cofounder of the well-known blockchain development company Aptos Labs, announced that he and three former colleagues had raised $50 million for a new venture fund that will focus on crypto companies. “We want to help each founder hit their maximum frequency,” he…
