‘Tremendous time' to start a blockchain company, says Pantera General Partner

‘Tremendous time’ to start a blockchain company, says Pantera General Partner

Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company. 

As part of a Jan. 23 post about the year ahead from a number of executives at Pantera Capital, Paul Veradittakit, General Partner at Pantera Capital explained that “On average,” people working in the crypto space are more educated and passionate about crypto than in previous cycles.

Strong start to the year! https://t.co/gFe5fUM0gT

— paul.nft (@veradittakit) January 23, 2023

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Overall, he said, “we are seeing a higher percentage of startups coming to market with strong teams — entrepreneurs coming out of established crypto startups like Coinbase, larger tech companies like Facebook, Uber, and Square, and legacy financial institutions

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