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Despite the attempts at seeding things way downtown, Flatiron and Soho is where tech startups grew, just like today. These are people whose business it is to support startups. They don't have a stake in it--and by not actively putting themselves out there as a source of capital, they're not in the information flow.
It''s table stakes. Plus, the startup world is littered with companies that grew exponentially without becoming successful--Fab, Turntable, Dailybooth, etc. Marketing problems, for the most part, are solvable by a very distinct set of bestpractices. You spend some dollars to get more dollars out. It''s not complicated.
That's because investors who are fully engaged in the business of investing in startups on a fulltime bases are information brokers. They are stakeholders in the ecosystem who want to spread the word about bestpractices, potential areas of interest, and about the successes of their portfolio companies.
That means, to start out, no need for warm intros, since everyone’s network looks too much like themselves—but that’s just table stakes. We host neighborhood dinners across different parts of NYC—from Park Slope to Harlem, and the West Village to Bushwick, and beyond, to connect startup and tech professionals to their neighbors.
In a world where startups can pick up 750k in from just a couple of seed funds, or crowdsource a bunch of angels sight unseen, what's the role of an angel group? When you speak for a lot of smart dollars, you can help ensure bestpractices. On AngelList, you're using a platform--you don't really belong to a group.
billion, driven by USDC, staking and Coinbase One. In the fourth quarter, we saw strong adoption of the prime product suite across custody, trading, financing and staking. Our revenue growth was driven by higher asset prices and USDC market cap, as well as native unit inflows across staking, custody and the USDC within our products.
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