Which of eminent venture investors puts on a blockchain
October 22, 2017
The venture companies invest millions of dollars on financing of the startups using technology a blockchain, the innovative distributed registers and also put distributed databases in action.
As interest in everything that is connected to cryptocurrencies, heats up, original sentences of coins (ICO) become a last word in fashion, allowing young projects to receive sufficient means, without attracting institutional sponsors. Despite such tendency to democratization, the venture companies plan 77 traditional transactions about a blockchain startups by the end of the year — more, than the previous year.
Only this year 59 investment rounds with different a blockchain projects are carried already out, last year 57 passed.
Now you know where money of the largest brands are crossed. CB Insights, the research company on tracing of the industry of the venture capital, schematically provided the relations between some of the most prestigious venture capitalists in the recent report.
Many funds shall be familiar to readers who monitor a financial situation in Silicon Valley and beyond its limits: Sequoia Capital, Union Square Ventures and Andreessen Horowitz. On the chart given below it is shown what traditional joint transactions with the share capital carry out these firms.
Some trends become clear if more attentively to consider communications of these companies. Andreessen Horowitz likes to invest on an equal basis with Union Square Ventures, apparently, in joint funds in Coinbase, in Polychain Capital (the main cryptocurrency hedge fund) and others. At the same time Sequoia stakes more economically, supporting only mayner Bitmain Technologies and platform for crowd funding of Coinify.
Pay attention that the famous investors stated above not necessarily are the largest investors in technology a blockchain. Digital Currency Group, investment firm under the leadership of Barry Zilbert is in the lead with more than 100 investments approximately into the 75th blockchain companies. Blockchain Capital takes the second place, and Draper Associates of the investor Tim Dreyper takes the third place by the number of transactions.