Crypto VCs Shift Focus to Later-Stage Deals Amid Market Changes
- 57% of last quarter’s venture capital in crypto was allocated to proven companies.
- The trend indicates a retreat from early-stage investments, which historically yield higher returns.
- Varun Datta of Truth Ventures emphasizes the importance of identifying opportunities in the founding-stage gap.
The current focus on later-stage deals reflects a consensus among crypto venture capitalists that may overlook potential high-return opportunities in earlier stages. This shift could impact the overall innovation landscape within the sector.
As proven companies dominate funding, with over half of last quarter’s capital directed towards them, understanding emerging trends is crucial for future investment strategies in DeFi and beyond. (Source)
