Investors say web3 and hype are in for 2023, high valuations are out — maybe?

This past year was tumultuous for venture investors, to say the least. The ecosystem watched as startup funding dried up, held its breath as a $32 billion venture-backed company evaporated almost overnight, and witnessed one of the largest startup acquisitions of all...

‘Just break even’ may the worst possible advice for startups in turbulent times

Igor Ryabenkiy Contributor Share on Twitter Igor Ryabenkiy is a CEO and managing partner of AltaIR Capital. The economic turbulence of the last two years has forced startups to look for new survival strategies. Today, startups generally fall into two camps: a minority...

‘Just break even’ may the worst possible advice for startups in turbulent times

Igor Ryabenkiy Contributor Share on Twitter Igor Ryabenkiy is a CEO and managing partner of AltaIR Capital. The economic turbulence of the last two years has forced startups to look for new survival strategies. Today, startups generally fall into two camps: a minority...

Magic Eden looks to challenge OpenSea’s NFT dominance

Few startups in the crypto world boast the market dominance that OpenSea currently enjoys, but numerous venture-backed startups are looking to chip away at their lead. Welcome back to Chain Reaction, where we unpack and explain the latest in crypto news, drama and...