Came across your Fund V announcement and the broader note really strong articulation of where the crypto cycle is heading, especially around stablecoins, onchain capital markets, and real infrastructure adoption beyond speculation.
I’m working and writing in fintech and crypto, mainly focused on embedded finance, payments infrastructure, and how financial systems are evolving alongside macro cycles and new digital rails.
Would be great to connect and support each other’s work here. I’ve also subscribed and will be following your research closely.
Open to staying in touch and exchanging perspectives on crypto infrastructure, liquidity cycles, and where the next wave of adoption is forming.
The pattern across all five funds is the interesting part. Raise during the quiet phase, deploy into the build phase, harvest during the next speculative wave. Thats not a technology thesis. Thats a cycle-timing thesis dressed up in infrastructure language.
Which isnt necessarily wrong. Most of the best venture returns in history came from buying during the hangover of the previous boom. The question is whether fund five is buying the 2003 internet moment, where the infrastructure was finally real and the winners were about to emerge, or the 2015 VR moment, where the thesis was right but the timeline was off by a decade.
Stablecoins are the strongest signal they cite because thats the one use case where adoption continued through the downturn without needing a narrative to sustain it. Payments that are faster and cheaper dont require a thesis. They just require a user who tried it once and doesnt go back. Everything else in the post is still waiting for its stablecoin moment.
Is there new fund content related to photonic computing doing cryptomining and cryptocurrency generation. Photonic bitcoin generators are published, multiplexing different greater multiple different wavelengths, creating multiple photonic computing arrays, as well as utilizing thz rather than ghz laser diodes and light sources, and ThZ optical detectors like 7 Thz indium phosphide cause millions of greater multiples of cryptocurrency generation per second or minute. Its possible that just changing the math component could compensate or support this. Describing that is beneficial.
Let’s grow together by supporting one another if you’re also new on Substack, feel free to subscribe and I’ll gladly do the same. I also write about fintech , crypto and so on
Let’s grow together by supporting one another if you’re also new on Substack, feel free to subscribe and I’ll gladly do the same. I also write about fintech , crypto and so on
Let’s support each other and grow together so let’s subscribe each other if you are new on substack like me
Hey a16z crypto team,
Came across your Fund V announcement and the broader note really strong articulation of where the crypto cycle is heading, especially around stablecoins, onchain capital markets, and real infrastructure adoption beyond speculation.
I’m working and writing in fintech and crypto, mainly focused on embedded finance, payments infrastructure, and how financial systems are evolving alongside macro cycles and new digital rails.
Would be great to connect and support each other’s work here. I’ve also subscribed and will be following your research closely.
Open to staying in touch and exchanging perspectives on crypto infrastructure, liquidity cycles, and where the next wave of adoption is forming.
The pattern across all five funds is the interesting part. Raise during the quiet phase, deploy into the build phase, harvest during the next speculative wave. Thats not a technology thesis. Thats a cycle-timing thesis dressed up in infrastructure language.
Which isnt necessarily wrong. Most of the best venture returns in history came from buying during the hangover of the previous boom. The question is whether fund five is buying the 2003 internet moment, where the infrastructure was finally real and the winners were about to emerge, or the 2015 VR moment, where the thesis was right but the timeline was off by a decade.
Stablecoins are the strongest signal they cite because thats the one use case where adoption continued through the downturn without needing a narrative to sustain it. Payments that are faster and cheaper dont require a thesis. They just require a user who tried it once and doesnt go back. Everything else in the post is still waiting for its stablecoin moment.
Is there new fund content related to photonic computing doing cryptomining and cryptocurrency generation. Photonic bitcoin generators are published, multiplexing different greater multiple different wavelengths, creating multiple photonic computing arrays, as well as utilizing thz rather than ghz laser diodes and light sources, and ThZ optical detectors like 7 Thz indium phosphide cause millions of greater multiples of cryptocurrency generation per second or minute. Its possible that just changing the math component could compensate or support this. Describing that is beneficial.
Let’s grow together by supporting one another if you’re also new on Substack, feel free to subscribe and I’ll gladly do the same. I also write about fintech , crypto and so on
So, how do founders get exposure to V?
Let’s grow together by supporting one another if you’re also new on Substack, feel free to subscribe and I’ll gladly do the same. I also write about fintech , crypto and so on