There’s ample investment flowing into the cryptocrypto industry (although not necessarily into "decentralized web" projects), but for blockchain-centric startups, it’s not always easy or obvious to find the right funding sources.
That’s where Dove Mountain Data comes in. Compiled by Regan Bozman, Director of Business Operations at CoinList and previously of AngelList and Handy, Dove Mountain Data is a live database of crypto investors that is comprehensive and completely free to use.
Dove Mountain Data is the most comprehensive database of crypto investors and their investments - and it's totally free. My goal is to make fundraising in the space more transparent.
Bozman first put together an initial database and overview of the crypto investor landscape in 2018 when he couldn’t find such a centralized resource himself. The expanded version at Dove Mountain Data now classifies funds as active, unconfirmed, or inactive, and details full fund portfolios. He also plans to add a list for angel investors.
“The fundraising landscape has evolved but remains opaque. Many funds (often those raised off of 2017 ICO gains) have quietly closed shop, while new funds have entered,” Bozman wrote in a Medium post. “Some VC funds have launched dedicated crypto funds, while many have slowed or stopped investing in the space. And almost every single crypto fund still insists on publishing zero useful information on their website.”
Bozman explored recent trends in Bitcoin and crypto investing in the post, including a steep drop in crypto fund launches in 2019 compared to each of the two previous years, and less VC interest of late. He also suggested that a “Big 3” of crypto funds—a16z Crypto, Paradigm, and Polychain Capital—has emerged, based on the total amount of assets under management.
Additionally, the post includes perspectives provided by several investors in the space, including Dragonfly’s Alex Pack and DTC Capital’s Spencer Noon.
Institutional investors are warming up to Bitcoin and other digital assets.
Whether it’s the underlying technological innovation, low correlation to other asset classes, or just the potential for market-beating upside, nearly 80% of institutional investors in the US and Europe are giving digital assets a closer look. What’s more, nearly a third of institutional investors already hold crypto in their portfolios.
The findings were revealed today in results of a Fidelity Digital Assets survey of mo...
The database’s name is inspired by the Allen & Company event held at the Dove Mountain Ritz-Carlton hotel in March 2013, in which Wences Cesares famously planted the seed of cryptocurrency interest into the minds of Silicon Valley investors.
All told, between Dove Mountain Data and the accompanying investor overview, Bozman has already done a lot to demystify crypto investment and the recent trends around it—and it sounds like he plans to develop it out further.
“Dove Mountain Data is designed to make entrepreneurs' lives easier,” Bozman told Decrypt. “I'm incredibly excited by all of the innovation in the space happening at the moment, but I know from experience how hard it is to build a company in it. If Dove Mountain Data can save founders a few hours and provide useful data points as they start a fundraising process, then I've achieved my goal.”
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.
Metaplanet CEO Simon Gerovich is helping to advance a Bitcoin treasury strategy campaign in Asia through a newly approved acquisition of a South Korean public firm, following a similar move in Thailand earlier this month.
South Korea's SGA Co., a systems integrator serving government and education clients, has received board approval to issue more than 58 million new shares to a group led by Sora Ventures and KCGI, including Gerovich in an individual capacity.
The issuance, approved by its boar...
A growing number of publicly traded companies are stockpiling digital assets in their corporate treasuries—a sign of growing interest in crypto as prices soar.
But as more firms imitate software firm Strategy’s token-HODLing playbook, things have become weird.
Several publicly traded companies with unorthodox operating businesses are beginning to add Bitcoin and other virtual currencies to their balance sheets. Noodle giants, love hotel operators, and telemedicine cannabis prescribers are amon...
Grayscale has challenged the U.S. Security and Exchange Commission’s move to pause the debut of its exchange-traded fund that holds Bitcoin, Ethereum, Solana, XRP, and Cardano, alleging its investors are “suffering harm” as a result of the hold-up.
In a letter dated July 8, the asset manager urged the Securities Commission to allow its Digital Large Cap Fund to begin trading.
Grayscale added that it may file a petition to force the regulator to allow its fund to begin trading as soon as possib...