If you build it, they will come.
Many startups could win the game if it were as simple as building a baseball diamond in a cornfield. But first, they must open themselves up to listening to the message: “If you build it, they will come.” Field of Dreams (movie)
The movie goes on from this point to relay an important message: People will pay and come in droves…you have no money…but I have a deal for you that will allow you to…
And that, my friends, is an analogy of how dreams are made – ideas, startups, VCs, and paying customers.
Notable trends this week…
- Deals are picking up.
- An excellent week of awards for domestic startups
- More series money going to established startups
Up next are this week’s top 5 VC deals…
1Story
$80M, Series B, Capital | Equity | SF | Blockchain | A16z, Polychain Capital | https://www.story.foundation/
LinkedIn Overview:
“Story is building open IP infrastructure to grow the creativity of the internet era.”
2Fabric Cryptography
$33M, Series A, Capital| Equity | CA | Blockchain | Blockchain Capital, 1kx, Offchain Labs, Polygon, Matter Labs | https://www.fabriccryptography.com/
LinkedIn Overview:
“Creating A World Beyond Trust.”
3Siepe
$30M, Series B, Capital | Equity| Dallas | Fintech | WestCap | https://www.siepe.com/
LinkedIn Description:
“Siepe is a public cloud managed services and data analytics provider designed specifically to address the technology needs of asset managers…“
4WSPN
$30M, Seed, Capital| Equity | Singapore | Payments |Foresight Venture, Folius Ventures, Hash Global, Generative Ventures, Yunqi Partners, RedPoint | https://www.wspn.io/
LinkedIn Description:
“WSPN is a global digital payments company that provides transparent, fast, and efficient digital payment solutions leveraging the latest technological advancements of Distributed Ledger Technology (“DLT”). We are dedicated to shaping seamless digital payment solutions…“
5Lettuce Financial
$15M, Series A, Capital | Equity | SF | Fintech | Zeev Ventures | https://lettuce.co/
LinkedIn Description:
“Lettuce is an automated tax and accounting product for solopreneurs, contractors and freelancers designed to help them unlock the value inside their businesses…”
