
Dragonfly, Haun Ventures and Sequoia speak web3 and extra at TC Periods: Crypto • TechCrunch
Whereas the general crypto markets have been in a rough spot recently, web3 enterprise capitalists have by no means had extra conviction — or extra funding at their disposal — to again startups and groups constructing within the area. The large query on their minds is whether or not tokens and startup valuations have bottomed out, or if they should wait a bit longer to attain the absolute best deal.
When to position your bets is a fragile steadiness in any tech sector, by no means thoughts one as rambunctious as crypto. That’s one cause why we’re stoked that Chris Ahn, accomplice at Haun Ventures; Michelle Bailhe, accomplice at Sequoia; and Tom Schmidt, basic accomplice at Dragonfly will be a part of us onstage at TC Sessions: Crypto on November 17 in Miami.
We’re wanting ahead to listening to Ahn’s tackle how the regulatory panorama is evolving in crypto, each within the U.S. and overseas, and the way web3 startups can successfully navigate political and authorized uncertainty.
We will’t wait to listen to Schmidt’s tackle what it’s prefer to be an investor at a crypto-native VC agency as extra conventional enterprise companies transfer into the area. Is Dragonfly as optimistic concerning the crypto market because it was final April when the VC agency closed its third venture fund to the (oversubscribed) tune of $650 million? Inquiring minds need to know.
In the meantime, Bailhe brings precious perspective — from her standpoint as a generalist development investor at a enterprise agency that made its identify in web2 — on how the web3 area is creating relative to the broader tech ecosystem.
We’ll remember to ask all three panelists how their companies are navigating the aggressive dynamics between crypto-native buyers and tech VCs with broader mandates for one of the best web3 deal circulate.
Chris Ahn, a accomplice at Haun Ventures, leads investments at each early and acceleration phases. Beforehand, Ahn was a accomplice at Index Ventures and led the agency’s crypto efforts, together with investments in Fireblocks and Bridge.
Previous to becoming a member of Index, Ahn helped construct and lead the strategic finance and enterprise operations groups at GitHub, and he led the acquisition with Microsoft. Ahn additionally hung out at Hellman & Friedman and began his profession at Morgan Stanley.
Michelle Bailhe, a accomplice at Sequoia, focuses on crypto, software program and web investments. She is concerned with Sequoia’s investments in FTX, LayerZero, Fireblocks, Pilot and extra. Previous to Sequoia, Bailhe labored at Hellman & Friedman, Google and McKinsey.
Previous to becoming a member of Dragonfly as basic accomplice, Tom Schmidt led product at 0x, and he labored as a product supervisor at Fb and Instagram. Schmidt holds a level in pc science from Stanford.
Make the most of early-bird pricing. Buy your pass right this moment, and also you’ll save $150. Then prepare to hitch the web3, DeFi and NFT communities at TC Sessions: Crypto on November 17 in Miami.