Below are three funds that invest in #bitcoin focused companies. Does anyone have any strong opinions on these or any other similar funds? #asknostr If only I was an accredited investor 😣
Ten31 https://ten31.vc/funds
Ego Death Capital https://egodeath.capital/
El Zonte Capital https://elzontecapital.com/
Even if you are an accredited investor, youd still want to have a nice stack of sats before moving from liquid, self-custody, pristine BTC to completely illiquid, long dated, derivative of BTC which is what bitcoin VC is. IMO.
Unless of course you have paper hands - even then id argue a multi sig with a trusted accountability partner is better than VC lp shares.
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx of Ten31 has said something similar recently in response to someone wanting to set up a friends and family side pot.
What is the right amount of btc before taking a slice out for this kind of thing? Likely many differing opinions.
You are totally right. I think it is more for people who don't have to worry about money anymore. My stack definitely isn't high enough for me to invest in Bitcoin VCs lol.
I respect Odell, Michael Saylor etc. for advising us plebs to invest in Bitcoin rather than their companies.
