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Venture Capitalist

All articles tagged with #venture capitalist

Bitcoin ETF Approval: Venture Capitalist Warns of Fading Impact, BlackRock Addresses SEC Classification, Grayscale CEO Remains Hopeful
cryptocurrency2 years ago

Bitcoin ETF Approval: Venture Capitalist Warns of Fading Impact, BlackRock Addresses SEC Classification, Grayscale CEO Remains Hopeful

Venture capitalist Chris Burniske warns that the approval of a spot market Bitcoin exchange-traded fund (ETF) could lead to a short-term dip in Bitcoin's price, as holders may take profits. He also suggests that a rejection of the ETF could trigger a sell-off. Burniske believes that the current Bitcoin uptrend may follow a similar pattern to 2019, with a surge followed by a dip in the first quarter of next year. He also notes that it may take some time before blockchain use cases alone can drive a full-blown bull cycle.

"Far-Right Venture Capitalist's US Ammunition Contracts Exposed"
politics2 years ago

"Far-Right Venture Capitalist's US Ammunition Contracts Exposed"

Nathaniel Fischer, a far-right figure and venture capitalist, is revealed to be part-owner of Texas-based ammunition manufacturer S1 Armory, which has contracts with the US federal government and law enforcement. Fischer is also involved in the secretive Society for American Civic Renewal (SACR) and promotes anti-government conspiracy theories on social media. The company has current contracts with the US Department of Justice, despite Fischer's criticism of the agency. Fischer's involvement in far-right activities and his ammunition business raise concerns about potential conflicts of interest and the promotion of violence.

Reid Hoffman Steps Back from Investment Role at Greylock
business2 years ago

Reid Hoffman Steps Back from Investment Role at Greylock

Venture capitalist Reid Hoffman, co-founder of LinkedIn and partner at Greylock Partners, is planning to scale back his investment role at Greylock. Hoffman, who has been with Greylock for over a decade, will transition to a part-time partner role and focus more on his philanthropic and public service activities. This move comes as Hoffman aims to dedicate more time to initiatives such as combating disinformation and supporting ethical technology.