Image credits: TechCrunch Many entrepreneurs have used the rise of cryptocurrency to plot the next step of their Silicon Valley character arcs, but few of them have an active TV series chronicling their misdeeds. This week, Adam Neumann made his post-WeWork debut, co-founding a blockchain-based carbon credits marketplace and, most impressively, raising $70 million in funding for himself, roughly half of which came from VCs and the another part of a private sale of tokens. News of the deal, led by Andreessen Horowitz, made waves on Twitter, so naturally we had to discuss it this week… Hello and welcome back to the Chain reaction podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down block by block for the crypto curious. This week, we dive into the Neumann news while also looking at Andreessen Horowitz’s latest crypto mega fund, which has quite a few zeros. The $4.5 billion Crypto Fund IV doubles the size of the company’s last fund which launched less than a year ago. It comes at a pretty turbulent time for the industry: tokens are crashing, blockchains are imploding, investors are being liquidated, and the outlook is bleak. But cryptocurrency companies are looking for ways to weather the storm, this week we talked a bit about FTX, which announced its foray into stock trading.
Our guest: Grace Isoford from Lux Capital
In our interview this week, we sit down with Grace Isford. Isford is an investor in Lux Capital, where she supports crypto startups focused on scalability and security. In our extensive conversation, we discussed the biggest scaling issues facing web3 and how consumers can stay safe and accept risk at the same time. Chain Reaction podcast episodes air every Thursday at 12:00pm PDT. Subscribe to us on Apple, Spotify or the alternative podcast platform of your choice to stay up to date with us every week.
