What do Venture Capitalists Think About the Crypto Market?

Venture capitalists are no strangers to risk. But will a wintry crypto market dampen their enthusiasm for the sector?

(Bloomberg) — Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.

Like many buzzy, fast-growth, high-risk industries, companies operating in and around crypto and blockchain technology have relied heavily on venture capital to fund their activities.

Venture capitalists, called VCs, manage pools of private money. What sets them apart from many other kinds of investors is that they focus on the riskiest possible bets. And every now and then, one of those high-risk bets pays off spectacularly — covering losses in the rest of the portfolio.

Given their appetite for risk and reward, it’s no surprise that for a time, VCs big and small flocked to crypto. But what does the relatively depressed environment mean for VC investments in digital-assets right now? Bloomberg reporter Hannah Miller joins this episode to discuss.

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This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer: Desta Wondirad.

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