Blockchain Capital: Empower Post-Investment With Support
Blockchain Capital, one of the longest-running venture capital firms in the crypto field, announced today the launch of a new program focused on post-investment support for founders and its website’s makeover to highlight its portfolio company network.
In an interview with The Block, Blockchain Capital managing partner Kinjal Shah stated that the new program, called Build, will strongly emphasize its partner network, go-to-market strategy, and talent.
“It’s become increasingly important to make sure founders understand that we’re not just a capital provider, but there’s quite a bit that we’re working to do to ensure a company’s growth and long-term success,” Shah said.
The Block received a statement that follows: Blockchain Capital, founded in 2013, now manages $1.9 billion in assets and actively funds out of its sixth multi-stage fund.
BlockchainTokenomics Is Important
According to Shah, Blockchain Capital, whose recent investments contain Worldcoin, is eager to assist creators with their projects’ token design as part of the latest Build program.
“It’s really critical to us to sort of think about the second-order effects of whatever token design that you have,” Shah said. “I wouldn’t say that there’s like one model there, but understanding how the token plays a role within that particular ecosystem of protocol, making sure we understand how it captures value, [and] what are sort of like the long-term levers that can be pulled.”
She added, “Is it inflationary? Is it deflationary? What is the supply look like and how is that circulating across the token holders? What’s the incentive to hold the token? What’s the incentive to use the token? I think all of these questions are ones that we’re really making sure we go over with our portfolio company.”
Presence On A Global Scale
Shah mentioned that U.S.-based startups are becoming more interested in expanding abroad.
“We’re seeing more and more companies establish an international presence if they are based in the U.S.,” she said. “That’s very much part of a regulatory strategy to preserve optionality around where they’re based and seeking a jurisdiction that has a little bit more regulatory clarity.”
Blockchain Capital’s founder and managing partner, Bart Stephens, stated to The Block in May that the organization is examining the advantages of many trendy international crypto centers in light of American authorities’ crackdown on the industry.
According to Shah, almost 60% of its portfolio companies are in the United States.
“We really have seen the full gamut in terms of companies getting established in Europe and Asia and other potentially nice, friendlier jurisdictions,” she added.
