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The Girls Table Newsletter
4/13 - This Week in Web3, Venture Capital, & Start-ups
Welcome back to The Girls Table's Newsletter! This weekly newsletter will share key insights into web3, venture capital, crypto, & the community. Join our Telegram to hear about upcoming events, job opportunities, and connect with like-minded individuals!Also, don't forget to respond to this newsletter with a quick "Hi" so it doesn't get buried in your promotions folder!
GM,
Here is a breakdown of today's newsletter:
🥳 Events & Community
🎙️ New Podcast Episode
🚨 TLDR - This Week in Crypto
🌗 Crypto News
📈 Start-Up Investment Opportunities
💰 Venture Capital News
🥳 Events & Community:
We are currently at NFT NYC and it is so great meeting so many of you IRL!
Below we have provided our tentative list for the rest of 2023 but if you want to see a larger list of events, check out a larger list one of our community members made here:
Consensus
LA Tech Week
Also, if you don't want to miss out on future events we will be hosting during 2023, join our Telegram group to stay up-to-date. The chat has been growing and it is so amazing to have such an awesome inspiration group!
🎙️ New Podcast Episode:
In this episode of The Girls Table, Elana Dickman also known as TradingFemale is joined by GP Nichole Wischoff. Nichole spent the last six years working at companies like Blend, One Finance and Built Technologies. She has scaled and built multiple new business initiatives, M&A and raised over $350M. Nichole was an early investor in companies such as Vesta, Nuvo, Loop, + others. After investing out of a $5 million fund part-time, Wischoff went out on her own as a Solo GP to invest in fintech and B2B startups.
Do you know any entrepreneurs, creators, or investors who you think have an amazing story? Please reply and share them with us so we can continue to have the most inspirational individuals on the podcast.
🚨 TLDR - This Week in Crypto:
S. Korean crypto exchange GDAC hacked
Bitcoin breaks $30k, highest since June
Shanghai update goes live on Ethereum
🌗 Crypto News:
Gdac’s hot wallet was compromised, and 23% of its total assets have been transferred out
$13 Million, mostly in BTC, ETH, WEMIX, and USDT, is currently sitting in unknown wallet
The cause of the exploit or hack has not been identified
The report details the development and future of Web3, as well as guidance on the Bear Market
They have also released the “State of Crypto Index”, a tool using technology metrics to quantify the health of the industry
“The report reflects a healthier industry than market prices may indicate” - a16z blogpost
📈 Start-Up Investment Opportunities
Please keep this confidential.The author of this newsletter, TradingFemale, works at Red Beard Ventures. Red Beard Ventures is a Web3 Venture Capital Firm that has invested in over 150+ companies including Sandbox, Dapper Labs, SuperRare, Unstoppable Domains, LayerZero, and more! If you are an accredited investor and interested in expanding your start-up portfolio, we have provided some investment opportunities that are currently active through the Red Beard Ventures Syndicate. The minimum amount to invest per deal is $1k! Please reach out if you have any questions.
One Earth Rising: Ownable Interoperability for Modern Gaming + a16z and GFR Investing
Their standard has self-sovereignty and a format game engines can understand
This format seeks to become industry standard
All facets of the asset - items, moments, stats - are able to be minted
Toka: Cybersecurity tools for modern international protection
Second year of revenue doubled with multiple government PoCs
Gross margins are more than 90%
$22M forecast in 2023
Backed by Andreesen Horowitz
GET protocol: The Premium NFT Ticketing Solution
GET has been building NFT ticketing since 2016
They have a full range of ticketing products for event holders, from self-service to full concierge, and also whitelabel solutions
Issued nearly 3.4 Million tickets (1.7M in 2022 alone), over 17k events
Investment includes a token grant AND discounted token purchase rights
Knights of Degen: Co-Founded by Drew Austin! Web3 Sports & Gaming Ecosystem + $10M in Sales + Acquired League DAO Defi Fantasy Protocol
KoD is building RPG Fantasy Sports Games powered by Web3. The Knights gaming ecosystem, rewards degen activities, from betting, to fantasy gaming, to building as a DAO contributor.
Assets of KOD include fantasy gaming software, bet2earn protocol, mobile application, media network, p2e gaming assets and teams, professional sports ownership stakes, nfts, and more.
The KOD Inc. cap table will be allocated 30% of the Degen Token market supply.
BoostVC (Coinbase, Etherscan, Alta, Wyre) is leading the round w/ participation from RBV Fund I
Seed, $16M Pre-Money + Token
💰 Venture Capital News
The estimated deal count for Q1 2023 remains above 2020’s quarterly figures, despite a drop from Q4 2022.
Fundraising’s momentum has all but come to a halt, with only $11.7 billion closed across 99 funds.
Late-stage deal value has plummeted to a 21-quarter low, hitting only $11.6 billion.
Venture-growth deal value ticked upward in Q1 2023, influenced heavily by Stripe’s $6.5 billion raise. Deal count in the growth stage hit the lowest it has been since Q3 2020.
👋 That’s all for now friends! See you next week.
In the meantime, subscribe to our youtube channel to see weekly podcast episodes💌 Join our subscribers and sign up for this weekly Girls Table Newsletter if you haven’t already!📲 Join our friends by connecting with us and following us on The Girls Table Twitter + Tiktok.
Disclaimer: The Girls Table DOES NOT provide financial advice. All content is for informational purposes only. The Girls Table is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.
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