The Girls Table Newsletter

12/19 - This Week in Web3, Venture Capital, & Start-ups

December 19, 2022

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

  • 💸 NFT Alpha

  • 📈 Start-Up Investment Opportunities

  • 💰 Venture Capital News

🥳 Events & Community: 

Future Girl's Table Events:

Thank you for attending the Girls Table brunch at Art Basel. It was wonderful to see familiar faces and meet new ones. 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.

We would love to hear about any other conferences you will be attending in the new year, so please let us know as we are still planning our event calendar! We have provided our tentative list for 2023 below:

  • ETHDenver

  • NFT LA

  • SXSW

  • NFT NYC

  • Consensus

  • VeeCon

🎙️ New Podcast Episode:

We wanted to highlight an episode of The Girls Table where TradingFemale is joined by Venture Capitalist Nichole Wischoff who recently announced her $20M fund Wischoff VC. 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. The number of solo capitalists is on the rise, but a huge gender imbalance remains, particularly in fintech which is why we are so excited to share Nichole's story today.

🚨 TLDR - This Week in Crypto:

  • Ava Labs has released a mobile version of its Core Wallet for the Avalanche blockchain

  • The wallet will support DeFi, NFT, and gaming ecosystems on the Avalanche, Bitcoin, and Ethereum networks

  • The Core Wallet allows users to manage their assets and use dApps on the Avalanche network in a single platform

  • Sam Bankman-Fried, founder of FTX, has been arrested in the Bahamas

  • He was arrested after U.S. prosecutors filed criminal charges against him including wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering

  • He was denied bail, his next court hearing is on 2/8/23, and he faces a max of 115 years in prison if convicted of all charges

💸 NFT Alpha: 

  • Whether you’re an OG Ape holder or just bought your first $APE, you can now get your assets in gear and start staking

  • ApeStake.io was created as a way for $APE, BAYC, MAYC, and BAKC holders to earn rewards through staking

  • Use ApeStake.io’s Market Tools search feature to see whether a BAYC, MAYC, or BAKC is committed to a staking position, how much $APE is staked with it, and the associated wallet address

  • InBetweeners, an NFT project backed by Justin Bieber, has partnered with fashion house Dolce & Gabbana

  • The collaboration will see the release of 2,000 digital assets with a luxury fashion and art theme

  • Buyers of the NFTs will be able to redeem them for reinvented items from the Dolce & Gabbana vault which include items such as t-shirts, sweaters, jackets, knitted caps, and so on

  • Mattel and Cryptoys have found a way to digitize the surprise pack toy experience into the virtual world and allow fans to play with the figures without ever having to worry about damaging the figures when playing with them

  • This limited drop includes some of your favorite characters, including Orko, Beast Man, Trap-Jaw, and Teela

  • Every max mint (5 Cubes per tx) earns priority access for 2022 drops and a Golden Ticket for early access to future drops

  • We've partnered with CrypToys to giveaway a free Cube on our Twitter Account

📈 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.

Fireside Chat: The Netflix of Web3 + Co-Founded by Mark Cuban

  • Putting the power of a production studio in the palm of a creator's hand to create quality content with their audiences and distribute it anywhere, anytime, on any device, unlocking entire new formats of entertainment

  • Fireside Chat currently has 5 brand proposals out for $1M each

  • Partnered with Skale to launch a 100M grant program for creators to accelerate the transition to Web3 with Fireside, which is being dubbed the Web3 Netflix

  • Series A, $138M Post-Money

  • Link to invest

Belay: Trade insurance, like “AppleCare for your investment”

  • Belay provides an insurance solution for trades, where a particular position can be “hedged” in case of selling for a loss

  • If a user makes a purchase of a supported stock or crypto asset, they can have the option to pay a small fee for Belay to purchase a short position in the same asset

  • If that position is sold for a loss, the short is sold for an equal amount of profit, leaving a cushion for investors

  • The volume for retail investors on the 3000 biggest stocks is around $38 BILLION every day

  • If just one percent of retail traders bought a policy for a 10% fee, that’s a yearly gross revenue of over $138 Million

  • Their goal is to integrate with whitelabel exchange tech providers, to give the option as the trade is executed

  • Seed, $14.5M post-money valuation (Preferred stock)

  • Link to invest

Azarus: Turning Streams into Games + Follow-On Round - 4.5M watch hours YTD

  • Since the last round of funding they launched the new Azarus Platform, which enables anyone to build and distribute games that can be played on Streams

  • Partnered with leading talent agency, AFK to get them to a target of 10M MAU by March 2023.

  • Deployed a series of brand-sponsored games for marquee clients such as Ubisoft / Logitech / Razer / Intel, and Coca Cola

  • $7M in the pipeline for this year and $15M for 2023, and the team is hustling to close as many deals as possible, as fast as possible

  • Launched a partnership with Meta (Facebook Gaming); currently in Open Beta

  • Chosen 5Crypto to help with external communication and public relations - they’ve done a phenomenal job with the SandboxTheir traction is insane with 500K concurrent viewers - the largest audience so far, 4.5 million watch hours year-to-date 2022, and average weekly Engagement Retention of 65.6%

  • Seed +, $50M Post-Money Cap

  • Link to Invest

💰 Venture Capital News

Pitchbook recently came out with a report regarding the US Venture Capital Outlook for 2023. Below we have highlighted some key information from the report:

  • The Morningstar PitchBook US Unicorn Index is expected to show negative returns from January 2023 to December 2023

  • The slowdown in new unicorn creation and funding rounds, as well as the depressed public market, are contributing factors to this outlook

  • A public market turnaround could lead to positive returns for the Unicorn Index

  • The Unicorn Index is based on private valuations and changes in public and private comparable companies, and is calculated daily

  • The current economic slowdown may also result in more down rounds and slower valuation growth in the US venture market in 2023

👋 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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