The liquidity advantage of crypto-focused VC funds
When Venture Capital Journal inquired earlier this year about limited partners’ appetites for further venture allocations, some, including Cambridge Associates, said they were making it clear to VCs they invested in previously that they need to see DPI before re-upping.
With President Trump’s tariff announcement, which drove down the Dow, S&P 500 and NASDAQ by 4-6 percent Thursday, the prospects for a resurgence in M&A deals and initial public offerings this year – and distributions to investors – have gotten much grimmer.
One VC segment that would appear to be less starved for distributions than the overall industry is funds focused on cryptocurrencies, blockchain and other decentralized finance (DeFi) platforms. They…
