Navigating the Bear Market: Strategies for Raising Venture Money

• Phantom Co-Founder Francesco Agosti speaks at 0xpo Crossroads in San Francisco
• The Crypties 2022 gala held in Miami, sponsored by multiple crypto projects
• Raising venture money in a bear market discussed at 0xpo Summit

At 0xpo Crossroads in San Francisco on November 3, Francesco Agosti, the co-founder of Phantom, sat down with Decrypt’s Jason Nelson to discuss the history of Phantom and what he is looking forward to in Web3. The conversation focused on the rise of Phantom and how it has impacted the blockchain landscape.

Fast forward to December 2022, Decrypt Studios held The Crypties 2022 awards gala in Miami at Art Basel with emcee Josh Ostrovsky („The Fat Jewish“) and presenters from various crypto projects. Nine categories were represented, with the event sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

At 0xpo Summit in San Francisco on November 3, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson for an extensive panel discussion on raising venture money even during Crypto Winter. The panelists discussed their strategies for navigating the bear market and gaining funding during this challenging time.

The event proved to be insightful and inspiring, as the panelists shared their experiences and knowledge on how to succeed even in a bear market. They discussed the importance of understanding the investor’s mindset and how to present projects in a way that is attractive to investors. They also touched on the importance of being honest with investors and understanding their expectations.

Finally, the panelists discussed the importance of developing a strong network and leveraging those relationships to further develop projects. They also emphasized the need to be creative in order to stand out in a competitive market and the importance of building a good team.

Overall, the events were informative and inspiring. It is clear that despite the bear market, there are still strategies and opportunities to obtain funding. It is important to understand the investor’s mindset, build strong relationships, and be creative in order to stand out. With the right approach and persistence, projects can still be successful in a bear market.