early investor

Solana Labs' early investor Foundation Capital has raised $600 million for its 11th fund

ChainCatcher news, according to The Block, Silicon Valley venture capital firm Foundation Capital has raised $600 million for its 11th fund. The firm, an early investor in Solana Labs, will continue to focus on supporting early-stage startups.This venture capital firm, established 30 years ago, primarily invests in areas such as cryptocurrency, fintech, and artificial intelligence. It stated that the new fund will continue its tradition of supporting founders before product building or revenue generation, providing support at the "zero starting point" stage. Foundation Capital noted that 80% of its investments occur before a company generates its first dollar of revenue, "We look for what we call 'zero-to-billion-dollar markets'—these opportunities do not appear in industry forecasts because they are only visible to those who can see beyond the current existence."Foundation Capital is one of the early investors in Solana Labs, having participated in its $20 million Series A funding round in 2019. Its cryptocurrency portfolio also includes Binance U.S., OpenSea, MoonPay, Algorand, Stacks, BCB Group, Helius, Jito, and Kamino. The firm stated, "We have been investing in blockchain since 2014, unaffected by the harsh cryptocurrency winter."Foundation Capital's 11th fund has grown by 20% compared to the previous $500 million fund that closed three years ago. The firm's partner Rodolfo Gonzalez stated on social media, "If you are a seed-stage founder working in cryptocurrency, fintech, or enterprise AI, please come talk to us."

"Asia-Pacific Crypto Early Investor Research Report": 85% of Crypto early investors use RootData to improve decision quality, and 27% of investors will increase their investment frequency in Q4

ChainCatcher news, according to Decrypt, Blocktempo and ChainCatcher recently launched a survey targeting early-stage crypto investors in the Asia-Pacific region. The participants included native crypto venture capital funds, traditional venture capital funds, individual investors, and family offices, resulting in 1,084 valid responses.According to the survey, the following key points were noted:• 90% of investors have a single investment amount within $1 million.• In terms of investment data inquiry and project tracking, 85% of early-stage investors chose to use RootData, making it the most commonly used data decision-making platform for early-stage crypto investors in the Asia-Pacific region. Cryptorank and Crunchbase are also commonly used data platforms for cross-validation by early-stage crypto investors.• Regarding project evaluation criteria, team background and experience (75%), technological innovation (53%), and business model (45%) are considered the most important. The main challenges include project information transparency (61%) and rapid industry changes (43%).• Investors believe that DeFi (41%), Bitcoin ecosystem (34%), and RWA (32%) are undervalued sectors, while Layer1/Layer2 (48%) is seen as an overvalued sector.• 42% of investors plan to maintain their current investment pace over the next four months, 27% plan to increase their investment intensity, 22% plan to reduce their investment intensity, and a small number of investors (9%) hold a cautious or uncertain attitude towards the market outlook, finding it difficult to judge or choosing to stop investing. Additionally, 44% of professional investors believe that there have been no significant innovations in the crypto industry this year.The research report also surveyed investors' investment strategies, research methods, due diligence approaches, etc. Click here to access the complete research report.

EigenLayer has been criticized by community members for the staking rewards obtained by early investors being exempt from token lock-up restrictions

ChainCatcher news, according to CoinDesk, EigenLayer has faced criticism after it was revealed that early investors received staking rewards without the restrictions of token locks. Investors and community members have complained about the lack of transparency in the supply of EigenLayer tokens. The total supply of EIGEN is fixed at 1.68 billion, with a circulating supply of 186 million, an FDV of 5.8 billion dollars, and a market cap (excluding uncirculated tokens) of 650 million dollars. Many of the questions raised by community members stem from a portion of these locked tokens, which belong to early investors who purchased them in heavily discounted funding rounds.Investors who bought in EigenLayer's 14.4 million dollar seed round, 50 million dollar Series A round, and the latest 100 million dollar funding in February can now stake their locked tokens for rewards. Currently, a total of 130 million EIGEN tokens have been staked. Many believe these are part of the claimed tokens, but in reality, 70 million of those tokens belong to this small group of early investors. EigenLayer investor TardFiWhale.eth wrote on X that the project recently updated its documentation, stating that "Staking by Eigen Labs investors is unrestricted," and that rewards are not subject to lock-up restrictions. The X post claims that this information was not included in the archived documents from mid-September.After the launch of the EIGEN token, it initially rose to 4.39 dollars, then fell by more than 20% to 3.57 dollars.
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