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Haun Ventures is riding the bitcoin high
Blockchain startups were red-hot when Katie Haun left Andreessen Horowitz in 2021 to launch her own crypto-focused venture firm. But shortly after Haun The firm invested $5 million in Agora, a front-end solution for Dao governance, this week
Despite having a massive arsenal of dry powder, Haun Ventures didn’t rush to scoop up stakes in crypto and web3 on the cheap, and many observers wondered when the firm would pick up its deployment pace. Sam Rosenblum, a partner and investment team lead at Haun Ventures, said that a significant impediment to DAO participation had been the lack of a simple user interface that allows members to approve (or vote on) the implementation of software upgrades to the protocols they are governing. “Historically, if you wanted to participate in resource allocation of a protocol treasury, you had to do a bunch of on-chain actions yourself, which probably means you have hardware and software setup that most people don’t have,” Rosenblum said.
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