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Investing in Friends With Benefits (a DAO)

Andreessen Horowitz

The next frontier in computing, which will take shape this decade, is building apps on programmable blockchains. Programmable blockchains are interesting for the same reason that innovation on smartphones spiked after opening up development to third parties via app stores.

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Asking Users to Complete Tough Mudders to Use Your Product

Tom Tunguz

In addition to enjoying efficient funnels, app developers avoid minting, staking, and trading fees until the user wants to move assets out of the app’s ecosystem. Virtual wallets will form the backbone of the next-generation ads stack , replacing the cookie with a blockchain wallet.

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Theory

Tom Tunguz

I’ve worked for two, invested in many, seven of which became unicorns. Thesis investing is at our core. We aim to research ideas, develop informed perspectives, & ply those insights to support founders from their earliest stages. I’m thrilled to announce the debut of Theory Ventures & our first fund of $230m.

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Tokens as CAC - Are Crypto Companies More or Less Efficient in Acquiring Customers?

Tom Tunguz

By analyzing how web3 companies invest tokens, we can calculate the cost of customer acquisition (CAC) for a crypto company. Let’s contrast the sales and marketing investments of web2 companies to web3 companies. it excludes ecosystem funds raised by cryptocos to develop their ecosystems. But not today.

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A sneak peek into Point Nine's investment thesis

The Angel VC

Over the last couple of weeks and months we spent some time putting our investment thesis on paper. The purpose of this exercise was to challenge and discuss our implicit assumptions and to get everyone on our team aligned on what kind of investments we seek. They will continue to transform entire industries.

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Global blockchain spending to hit $12.4B by 2022; finance sector leads growth

IT World

The largest chunk of worldwide spending on new blockchain networks – nearly $2.9 billion this year – will come from the financial sector, where banking, securities and investment services, and insurance industries will invest more than $1.1 Further reading: What is blockchain? Further reading: What is blockchain?

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Investing in Optimism

Andreessen Horowitz

Ethereum has proven itself to be an extremely popular computing platform, with both developer and user demand growing dramatically. Since May of 2020, the capacity used per block (a strong proxy for demand) has stabilized near 98% , meaning the … The post Investing in Optimism appeared first on Andreessen Horowitz.