crypto-investing
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The Small-Check Strategy Behind A.Capital’s Biggest Bets
A.Capital built its pitch around a Silicon Valley heresy: a venture firm does not need a fixed ownership target to matter. Its wager is that recruiting muscle, technical judgment and the right introduction can make a small slice unusually consequential.
DCG Built a Crypto Empire. Now It Has to Prove the Model Still Works.
Barry Silbert designed DCG to hold crypto businesses for the long haul, not flip them on a fund's timetable. A decade later, its mix of asset management, mining, consumer finance and decentralized AI is both its edge and its hardest governance test.
Chapter One
Chapter One built its pitch around a useful provocation: venture capital should behave like a product, not a velvet rope. The former Tinder operators behind it are betting that product judgment can still create an edge when money itself has become abundant.
Andreessen Horowitz
Andreessen Horowitz did not become a $100 billion venture firm by treating a check as the finished product. Its real wager is that founders will choose the investor with the strongest machine behind the money.