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Crypto VC could become largely obsolete by 2030, says Dragonfly partner

Public markets are starting to take over the funding and signaling jobs that crypto venture firms used to handle. Haseeb Qureshi argues crypto VC is entering its final investment cycle, with 2030 as the horizon for it becoming largely obsolete. Angels still matter for early funding, but peer-to-peer crypto networks reduce the need for institutional gatekeepers with illiquid competing portfolios.

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Jul 21

Haseeb Qureshi said in an interview that crypto venture capital could be entering its final investment cycle.

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The claim was recirculated with an argument that public markets can replace much of venture capital’s signaling and funding role.

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