Web3-focused venture capital firm shimacapital has remained one of the most active investors despite market conditions. Founder yidagao talked to CoinDesk about early-stage strategies, mitigating risks and the future of crypto. BrandyBetz reports
Shima Capital has backed more than 100 early-stage companies in the two years since its founding, and the venture-capital firm hasn't slowed down amid the recent industry turmoil.
The traditional finance veteran who started Shima Capital in 2021 outlined his firm’s view of the current, bear-market constrained crypto venture capital landscape. Shima Capital's investments have generally ranged between $500,000 to $2 million, Gao said. Last August, Shima announced its first venture capital fund with
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