Decentralized Social Network Farcaster Raises $150 Million in a Series A Round

Farcaster’s valuation stands at $1 billion as a result of the funding round led by crypto investment firm Paradigm, with a16z crypto, Haun, USV, Variant, and Standard Crypto as backers.

https://shorturl.at/XcYYB

Shout out to long termers 🙌

“One thing that’s really important to Varun and myself is having a long-term mindset,” Romero said. “We feel really excited based on all the growth […] we’re using the fundraise to be able to set the company up to actually think about this on a decade-long time horizon.”