brypto

As much as I hate the term "SocialFi", crypto fundraising over-indexes on category narratives. So if this helps drive more money and awareness for consumer projects, I'm here for it

We're excited to announce a $31 million strategic raise led by @FactionVC to fuel the rise of SocialFi. https://t.co/NiGAc91d44

Lens

As much as I hate the term "SocialFi", crypto fundraising over-indexes on category narratives. So if this helps drive more money and awareness for consumer projects, I'm here for it

https://x.com/LensProtocol/status/1869384504265384425

hilarious considering Bluesky could only raise $15M less than two months ago, with actual users. that being said, they've basically shunned all monetization & especially crypto, so maybe it's still overvalued even at 15.

Software Engineer @ Cadence Design Systems. B4: Stanford EE / Illinois ECE

Can't find it, but they've self stylized as a Public Benefit Corporation, so I doubt if it's over 100M now, post-money. Presumably they would have to go more OpenAI-rogue and be more 'for-profit' if they wanted to get the best deals.

Do we know the respective valuations?

Bluesky could’ve diluted less