CM Weekly: Skeptical Take on the Metaverse, Open Source GTM, DAOs
Happy belated Halloween!
Two personal updates for this week:
We announced our latest investment in SocialChat we co-led along with Gradient Ventures in the ecommerce infrastructure space.
One of our portfolio companies, Solend, just crossed $500M in deposits and announced their IDO.
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Written by Chris McCann, General Partner @ Race Capital, former Greylock Partners. More about me.
🗞️ Tech News Last Week
Facebook changed its name to Meta, to capture the nebulous metaverse.
Sam Altman wants to scan your eyeballs and give you crypto for it.
Hertz placed one of the largest car orders to Tesla, for 100K model 3’s.
Mastercard wants to enable all of their merchants to accept crypto.
🤔 Deep Dive Posts
A deep dive into DAO’s: what they are, how to start one, their legal implications, etc.
Startups are pushing tangible innovation in the financial industry.
A skeptical take on the metaverse.
A presentation on the relationship between open source and traditional go-to market efforts.
🔥 Race Capital - Portfolio Jobs
Zeet: Front End Engineer, Decentralized Engineer (SF, CA)
Polysign: VP of Finance (New York, NY)
FTX: Full Stack Developer (Miami, FL)
Opaque: Technical Recruiter, Product Designer, Developer Evangelist (Berkeley, CA)
SocialChat: Operations Manager (San Francisco, CA)
GoodNotes: Back-End Team Lead (London, UK)
Browse more open roles across our portfolio at Race Capital's Portfolio Job Board
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