Crypto recruitment company Inflection Points raises $12.6 million, Peter Thiel's Thiel Capital participates
This article comes fromThe Block, the original author:Yogita Khatri
Odaily Translator | Nian Yin Si Tang
Summary:
This article comes from
, the original author:
Odaily Translator | Nian Yin Si Tang
secondary title
Summary:- Anthony Pompliano's company Inflection Points (formerly PompCryptoJobs) announced the closing of $12.6 million in funding.- The company also acquired Proof of Talent, a cryptocurrency recruitment firm founded by Rob Paone.
According to Wednesday’s announcement, investors participating in this round of financing include PayPal co-founder Peter Thiel’s Thiel Capital, Fifth Down Capital, XYZ Fund, Rose Park Advisors, Blockchange, Third Prime, Colin Anderson, former CFO of Palantir, and CEO of Eight Sleep. Matteo Franceschetti, former Allergan CEO Brent Saunders and real estate mogul Marc Roberts. The firm also acquired Proof of Talent, a New York-based cryptocurrency recruitment firm founded by Rob Paone.to reportAccording to a statement released by Inflection Points, the media person and investor Pompliano has 1.6 million fans on Twitter and nearly 400,000 subscribers on YouTube. He co-founded Inflection Points with Colton Sakamoto in early 2021. The company, formerly known as PompCryptoJobs, was founded
Backed by Gemini, Coinbase, and BlockFi
, with training and headhunting departments. Inflection Points said it has trained and recruited more than 4,000 crypto industry personnel to date. The company has been profitable since its inception and only started raising outside funding after hitting "seven figures" in revenue.
The announcement comes amid a wave of layoffs at cryptocurrency exchanges, with industry leaders including major exchanges such as Coinbase, Gemini and BitMEX announcing layoffs. According to The Block previously
to report
, more than 1,500 people were laid off across the industry. Pompliano said this could be an opportunity for his firm, as large non-crypto businesses need experts to help target crypto talent, including those who were recently laid off.
