Token 2049 ─ Navigating Crypto as a Venture Fund (Day 2: 29 Sep 2022)

In the roundtable discussion titled “Navigating Crypto as a Venture Fund”, Daniel Chen, Partner at Sequonia Capital mentions that crypto has been through several cycles now. Managing Partner at Dragonfly Capital, Haseeb Qureshi, adds on that in a bull market, it is very easy to raise money. While in a bear market, things become much harder but that pushes entrepreneurs to be more creative and ambitious. Paul Veradittakit, Partner at Pantera Capital also adds on that in a bear market, with little or minimal funding, it is better to concentrate on one issue and solve it first.