🔥 [Analysis] Drinking from the crypto firehose – Fred Wilson
At USV, the investment team views the crypto market with Carlota Perez's Technological Surge Cycle model and believes that the market is in the installation phase. Infrastructure is still being built and put in place for the new technology architecture to take hold. The Big Bang event for crypto was the publishing of Satoshi's whitepaper, and now a frenzy of innovation and financial capital has been unleashed by the ICO boom. Many of these teams, projects, companies are shipping now. These efforts will set the groundwork of the deployment phase during which creative construction, widespread application, and production capital will take hold and the market will mature.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.