Dove Dispatch
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[Thursday Thoughts #11]

Today we sat down with Viktor Bunin to discuss angel investing - he covers a bunch including:

🧠 Leveraging insights from his role at Coinbase to make informed decisions
πŸ“Έ Building a personal brand

Thanks to Index Coop for sponsoring!
https://dovemountain.substack.com/p/thursday-thoughts-11
[Dove Dispatch #15]

This week we dig into the emerging crypto ecosystem in South America

◽️ Represents ~2% of investments
πŸ“ˆ New funds in the region emerging
🏦 Most investments going to exchanges

https://dovemountain.substack.com/p/dove-dispatch-15
[Dove Dispatch #16]

In February, Axoni raised $31M from UBS, Deutsche Bank, Citi, Goldman Sachs, J.P. Morgan, and Wells Fargo.
Then, we dived into banks investing in crypto:

πŸ‘€ Banks launching dedicated crypto venture arms
πŸ’°Later rounds & CeFi deals are banks sweet spot
πŸ‡ΊπŸ‡Έ and πŸ‡¬πŸ‡§ lead the charge

https://dovemountain.substack.com/p/dove-dispatch-16?justPublished=true
[Dove Dispatch #17]

Arweave has been on πŸ”₯ recently, with Mechanism Capital and eGirl Capital establishing positions.
So we dive into the Arweave funding landscape:

πŸ’ͺ Some longstanding and active key investors
πŸ‘Ά Pre-seed and seed rounds dominate
πŸ‘€ Ongoing ecosystem funding initiatives

https://dovemountain.substack.com/p/dove-dispatch-17?justPublished=true
[Thursday Thoughts #12]

Today we sat down with Fredrik Haga of Dune Analytics to talk about his company's funding journey:

🧰 Boostrapping a company
🌍 Building from πŸ‡³πŸ‡΄
🀝 Networking tips to founders

Check out the full interview.
https://dovemountain.substack.com/p/thursday-thoughts-12
[Dove Dispatch #18]

Three weeks ago Union Square Ventures invested 500 ETH in
the Bright Moments Gallery, an NFT art gallery DAO.
So now we're digging into the NFT DAOs venture funding ecosystem:

πŸ‘€ JennyDAO and FingerprintsDAO fundraises
🀝 Benefits for both investors and DAOs
πŸ”Ž Fundraising structuring

https://dovemountain.substack.com/p/dove-dispatch-18?justPublished=true
[Thursday Thoughts #13]

Today Michael Bentley from Euler shares insights about his experience from fundraising from
Paradigm and Lemniscap:

πŸ’Έ Raising $8M+ pre-launch
🎀 Pitching tips to founders
πŸ’° Advice on token distribution

Check out the full interview.
https://dovemountain.substack.com/p/thursday-thoughts-13-euler-michael
[Dove Dispatch #19]

In August, Dennison Bertram of Tally announced a $6M round and declared DAOs had funded the tools for more DAOs, by onboarding The LAO, Metcartel Ventures, Fire Eyes DAO, and BairesDAO.
Then, we dived into investment DAOs:

🧰 Bringing more value add
πŸ‘Ά Early & DeFi deals are DAOs sweet spot
✨ Future looks bright

https://dovemountain.substack.com/p/dove-dispatch-19?justPublished=true
[Thursday Thoughts #14]

Today we sat down with Annika Lewis who explains why she thinks that the future of VC is multiplayer:

🀝 LPs offering support to founders
πŸ”“ Tokenization benefits
πŸ“‰ Lowering risk profile of investing

Check out the full interview.
https://dovemountain.substack.com/p/thursday-thoughts-14
[Dove Dispatch #20]

DAO operations is a budding crypto vertical - we build on analysis from Nichanan Kesonpat at 1kx and dive into its funding landscape:

πŸ’° Growing interest from investors
πŸ‘€ Frameworks and Content/Product solutions stand out
πŸ‡ΊπŸ‡Έ The US leads the charge

https://dovemountain.substack.com/p/dove-dispatch-20-dao-ops
[Thursday Thoughts #15]

We spoke with Matti of Zee Prime Capital, who has quietly become one of the best investors in the space. We cover:

πŸ“ˆ Permissionless crypto investing
🀝 Stakeholders diversification
🍣 Sushi Strategic Raise

Check out the full interview.
https://dovemountain.substack.com/p/thursday-thoughts-15-matti-zee-prime?justPublished=true
[Dove Dispatch #21]

Former ConsenSys employees Daniel Novy and Kavita Gupta recently launched Delta Blockchain Fund, a $50M fund.
This week, we dug into the emergence of Crypto Fund Mafias:

πŸ‘€ Companies like Coinbase and ConsenSys are leading the charge
🀝 CeFi & Infrastructure companies are the biggest producers of VC's

https://dovemountain.substack.com/p/dove-dispatch-21-crypto-fund-mafias?justPublished=true
[Thursday Thoughts #16]

We chatted with Paul Veradittakit
of Pantera Capital who shared his thoughts on fundraising:

πŸ’Έ Tokens vs. equity
πŸ“’ Lead investors' role
🀝 The emergence of crypto M&A

Check out the full interview.
https://dovemountain.substack.com/p/thursday-thoughts-16-paul-veradittakit
[Dove Dispatch #22]

Sky Mavis recently raised a massive $152M Series B round led by a16z to build a category-defining play-to-earn NFT gaming.
We dive into the hot capital market for P2E games:

πŸ€‘ More than $1B raised in 2021
πŸ‘Ά Seed rounds dominate
πŸ‡»πŸ‡³ Vietnam is a major hub

https://dovemountain.substack.com/p/dove-dispatch-22-play-to-earn-gaming?justPublished=true
[Q3 2021 Fundraising Report]

We are excited to publish our fundraising report focused on Q3 2021 - the biggest quarter in crypto venture funding ever.

https://docsend.com/view/t2c92yuefkmwnajf
[Thursday Thoughts #17]

Today we sat down with Tom Schmidt to discuss angel investing - he covers a bunch including:

πŸ’» His technical approach with founders
πŸ‘€ Predictions for the coming months
πŸ’ͺ Leveraging his position at Dragonfly Capital


Check out the full interview.
https://dovemountain.substack.com/p/thursday-thoughts-17-angel-investing?justPublished=true
[Dove Dispatch #23]

We’re making a small change to our distribution format and condensing our content into a single issue each week.

This week Bradley Miles of Roll dropped a ton of knowledge about his experience with fundraising:

πŸ’΅ Seed extensions
🀝 Distilling your company’s value prop.
πŸ€‘ Personal tokens vs. traditional funding processes

Plus 27 new fundraising rounds.

https://dovemountain.substack.com/p/dove-dispatch-23-bradley-miles-roll?justPublished=true
[Dove Dispatch #24]

The Algorand Foundation recently launched a $300M fund to support DeFi innovation.
This week we dived into the Algorand ecosystem fundraising landscape:

πŸ’ͺ Major funding initiatives
β˜€οΈ On-chain metrics increasing
πŸ’Έ Bullish funds make big bets

Plus 32 new fundraising rounds.

https://dovemountain.substack.com/p/dove-dispatch-24-algorand
[Dove Dispatch #25]

We chatted with Haseeb Qureshi of Dragonfly Capital who shared his thoughts on fundraising:

πŸ’° Fund of funds
🌍 Cross-border identity
πŸ‘€ Multi-stage investing

Plus 32 new fundraising rounds.

https://dovemountain.substack.com/p/dove-dispatch-25-haseeb-qureshi-dragonfly?justPublished=true
[Dove Dispatch #26]

In October 2021, deBridge raised $5.5M from top investors after having won the @chainlink hackathon.
This week we dive into ETHGlobal - one of the best crypto hackathons - and look at fundraising activity coming out of it:

πŸ‘€ Very few projects have announced funding
πŸ’°DeFi remains a focus

Plus 22 new fundraising rounds.

https://dovemountain.substack.com/p/dove-dispatch-26-ethereum-hackathons?justPublished=true
[Dove Dispatch #27]

We sat down with Mike Wen of Gallery to talk about his company's funding journey:

🀝 Bringing power users onboard
⏱ Fundraise timing

Plus 28 new fundraising rounds.

https://dovemountain.substack.com/p/dove-dispatch-27-mike-wen-gallery?justPublished=true