Tim Draper launches new crypto venture studio Draper Goren Blockchain

Odaily News Silicon Valley investor and billionaire Tim Draper launches Draper Goren Blockchain (DGB), a cryptocurrency-focused venture capital studio, aiming to accelerate the development of DeFi innovation, Layer 2 network expansion solutions, and consumer applications such as games and social experiences , in response to the ongoing bear market. DGB founding partners Alon Goren and David Bleznak have invested in Draper Round Table, the Web3 investment platform launched by Draper, and are board members of social analytics platform LunarCrush and digital securities institutional-grade network Ownera. Alon Goren said that they do not plan to run DGB in the Y Combinator or Techstars model. DGB plans to cooperate with each company in the long term. “We plan to cooperate with each company in the next 10 years and invest in startups in the Pre-Seed stage. $25,000 to $100,000 and will focus on working with select entrepreneurs to build companies from scratch.” (Decrypt)