CM Weekly: DeFi Eats CeFi, Evaluating Job Offerings, and FTX by the Numbers.

Chris McCann's weekly newsletter on technology, startups, and venture capital.

A huge congrats to one of our portfolio companies Saber, who is building DeFi's cross-chain liquidity network.

Saber officially launched on July 27th and in less than a month crossed $600M in total value locked (TVL) in the platform. Congrats to the Macalinaobrothers on the execution speed and growth! 🚀

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Written by Chris McCann, General Partner @ Race Capital, former Greylock Partners. More about me.


🗞️ Tech News Last Week 


🤔 Deep Dive Posts

  • Robinhood's revenue driven by crypto went from 2% to 41% from 2020 to 2021. 60% of their users traded crypto in Q2 and now hold $22B in digital assets. Crypto is officially eating the fintech market.  

  • Thoughts on evaluating job offers from startups, by the one and only Josh Elman.

  • Through the antitrust lawsuit, it was revealed Google gives out preferential treatment to big game publishers.

  • An internal memo Brian Armstrong sent out to their product managers in 2016 on how to best set them up for success.


🔥 Race Capital - Portfolio Jobs

Browse more open roles across our portfolio at Race Capital's Portfolio Job Board


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