BLOCKCHAIN COINVESTORS ANNUAL MEETING THIS WEEK
Blockchain Coinvestors Newsletter
Vol. 4, No. 16, August 2022
BLOCKCHAIN COINVESTORS ANNUAL MEETING THIS WEEK
Today's image was taken at the Berkshire Hathaway annual meeting. Quite a show if you have never attended.
This week we will hold the Blockchain Coinvestors' Annual Meeting and all investors are encouraged to register by responding to the email invitations you received.
While we don't expect anything like the attendance that Warren and Charlie routinely get, we are more than happy with our funds' performance. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 5.45x with an IRR of 79%. Fund II shows equally impressive early results with Net TVPI of 2.13x and an IRR of 106%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.
It is difficult to earn superior returns in any asset class right now. However, early and mid stage venture investing in our areas of focus continues to outperform. We would encourage any investor to take a detailed look.
Should you wish to learn more about Blockchain Coinvestors and our investment thesis and strategies, please contact IR@blockchaincoinvestors.com or visit www.blockchaincoinvestors.com
Thank you for reading.
Alison Davis
Matthew C. Le Merle
ABOUT BLOCKCHAIN COINVESTORS
Launched in 2014, our goal is to provide broad coverage of the emerging unicorns and fastest growth blockchain companies and crypto projects. The strategy is now in its 9th year and has to date invested in more than 40 pure play blockchain venture funds in the Americas, Asia and Europe; and in a combined portfolio of 400+ blockchain and crypto projects including approximately 60% of all blockchain unicorns. Our funds rank in the top decile amongst all funds in their respective categories on both Pitchbook and Preqin. Headquartered in San Francisco with a presence in Grand Cayman, London, New York, Zug and Zurich, the alternative investment management firm was co-founded by Alison Davis and Matthew Le Merle.
FUND PERFORMANCE
Blockchain Coinvestors Fund III (Fund of Funds) was created to provide diverse coverage of the best blockchain pure play venture funds in the Americas, Asia, and Europe. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 5.45x with an IRR of 79%. Fund II shows equally impressive early results with Net TVPI of 2.13x and an IRR of 106%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.
BLOCKCHAIN COINVESTORS FUNDS
Blockchain Coinvestors’ goals are to provide broad coverage of the emerging unicorns and fastest growth blockchain companies and to capture superior returns from investing in the leading blockchain venture partnerships. Our funds are open to investors that meet the Qualified Client definition with a minimum subscription level of $250,000 at the discretion of the Manager.
Blockchain Coinvestors Fund III (Fund of Funds) was created to provide diverse coverage of the best blockchain pure play venture funds in the Americas, Asia, and Europe. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 5.45x with an IRR of 79%. Fund II shows equally impressive early results with Net TVPI of 2.13x and an IRR of 106%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.
Blockchain Coinvestors Fund IV (Early Stage Token) provides direct access to promising private stage token projects accessing our relationships with many of the world’s leading blockchain investors. We leverage asymmetrical information from our 40+ VC Funds to pick the most attractive opportunities. This is a continuation of the direct token investing strategy of the Fund Manager that has included private stage investments in Acala, Filecoin, NEAR, Polkadot, Structure, and others.
Blockchain Coinvestors VI (Mid Stage Growth) provides direct exposure to the emerging category leaders in the blockchain and crypto ecosystem. The fund leverages our unique sustainable competitive advantage (USCA) in blockchain, web3, and fintech to create a concentrated portfolio of between 20 and 30 investments with attractive return profiles and visible paths to liquidity. The fund assesses the more than 400 blockchain and crypto projects in which we are direct and indirect investors and employs a robust investment framework to select investment opportunities into the leading mid stage growth rounds - typically Series B, C and D. This is a continuation of the mid stage investing strategy of the Fund Manager that has included investments in Bitwise, Brex, InfiniteWorld, Securitize, Uphold, Wyre, and others.
Please visit the Blockchain Coinvestors website to learn more about our offerings. You can also reach our Investor Relations team directly at ir@blockchaincoinvestors.com.
BLOCKCHAIN COINVESTORS SWISS
We are excited to announce that Blockchain Coinvestors Funds are now available through Swiss certificates for those of our non-US investors who prefer this approach. The underlying fund is the same, however, our Zurich based team at Blockchain Coinvestors Swiss, who will introduce in future weeks, can provide detailed information regarding this investment option. Email us at mlemerle@blockchaincoinvestors.com to learn more.
BLOCKCHAIN COINVESTORS ANGELLIST SYNDICATE
Continuing the theme of the democratization of investing, we have a rapidly growing Blockchain Coinvestors syndicate on AngelList providing access to selected coinvestments. Please join us and our partner Lou Kerner on AngelList.
Click here to receive the insightful weekly crypto newsletter and webinar invitations from our Blockchain Coinvestors partner Lou Kerner.
REGISTER NOW FOR UPCOMING WEBINARS AND CALLS
Our investment team hosts regular webinars and calls to help educate our community about the Fifth Era, fintech, blockchain and crypto. We discuss important trends, tailwinds and investment themes including what we have learned and how we are using our knowledge to inform our own investment thesis and actions. Below is a list of upcoming webinars for which you can register by clicking the links:
AMA with Blockchain Coinvestors
- August 22nd, 7:00am PT
- August 22nd, 12:00pm PT
What is Blockchain-Based Gaming?
Options for Investing in Blockchain & Crypto
- September 19th, 7:00am PT
- September 19th, 12:00pm PT
Recordings of past webinars and calls can be found at www.blockchaincoinvestors.com/webinars.
RECENT PRESS
CoinTelegraph: The impact of crypto on the Russian sanctions
Ageless and Timeless: Conversation on how blockchain and crypto technologies will impact the future
CoinDesk TV: Interview on unicorns and predictions for 2022
Nasdaq Trade Talks: Discussion on the blockchain unicorn universe research and how to gain exposure
CoinDesk: Our predictions on blockchain unicorns in 2021
Ashurst: On the ESG Podcast, a discussion of the internet, fintech, blockchain, and individual revolution
Business Insider: Discussing how right now in blockchain is similar to the internet boom of the '90s in terms of growth and innovation
NBC San Francisco: An interview on what are NFTs
US News & World Report: What to know about Bitcoin ETFs
Crypto Unstacked: Podcast on the Fifth Era and the evolution of digital assets
Business Insider: Which digital asset to hold right now - Bitcoin or Ethereum
Inc Magazine: An explanation of NFTs
Pensions & Investments: How institutional investors are getting closer to blockchain and crypto investments
On the Brink with Castle Island: An overview of technology trends and the cryptoasset markets
"The best way to invest in Blockchain businesses"
www.blockchaincoinvestors.com
Copyright © Blockchain Coinvestors. All rights reserved.
CONFIDENTIALITY: The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this message in error, please contact the sender and delete the material from all computers. The sender does not accept liability for any errors or omissions in the contents of this message which arise as a result of this email transmission. Please note that to ensure regulatory compliance and for the protection of our investors and business, we may monitor and read e-mails sent to and from our servers.
Any views or opinions constitute the current judgment of Blockchain Coinvestors or its affiliated entities and are subject to change without notice. Any projections, forecasts and estimates contained in this presentation are necessarily speculative in nature and are based upon certain assumptions. It can be expected that some or all of such assumptions will not materialize or will vary significantly from actual results. Furthermore, discussions of portfolio companies contained in this communication do not represent all portfolio companies/funds that Blockchain Coinvestors has invested in during any given period. This message is provided for informational purposes and should not be construed as a recommendation of, or a solicitation or offer to buy or sell, any particular security, strategy or investment product.
Kimberly J. Kupferman
1:22 PM (1 hour ago)
to me
Blockchain Coinvestors Newsletter
Vol. 4, No. 16, August 2022
BLOCKCHAIN COINVESTORS ANNUAL MEETING THIS WEEK
Today's image was taken at the Berkshire Hathaway annual meeting. Quite a show if you have never attended.
This week we will hold the Blockchain Coinvestors' Annual Meeting and all investors are encouraged to register by responding to the email invitations you received.
While we don't expect anything like the attendance that Warren and Charlie routinely get, we are more than happy with our funds' performance. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 5.45x with an IRR of 79%. Fund II shows equally impressive early results with Net TVPI of 2.13x and an IRR of 106%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.
It is difficult to earn superior returns in any asset class right now. However, early and mid stage venture investing in our areas of focus continues to outperform. We would encourage any investor to take a detailed look.
Should you wish to learn more about Blockchain Coinvestors and our investment thesis and strategies, please contact IR@blockchaincoinvestors.com or visit www.blockchaincoinvestors.com
Thank you for reading.
Alison Davis
Matthew C. Le Merle
ABOUT BLOCKCHAIN COINVESTORS
Launched in 2014, our goal is to provide broad coverage of the emerging unicorns and fastest growth blockchain companies and crypto projects. The strategy is now in its 9th year and has to date invested in more than 40 pure play blockchain venture funds in the Americas, Asia and Europe; and in a combined portfolio of 400+ blockchain and crypto projects including approximately 60% of all blockchain unicorns. Our funds rank in the top decile amongst all funds in their respective categories on both Pitchbook and Preqin. Headquartered in San Francisco with a presence in Grand Cayman, London, New York, Zug and Zurich, the alternative investment management firm was co-founded by Alison Davis and Matthew Le Merle.
FUND PERFORMANCE
Blockchain Coinvestors Fund III (Fund of Funds) was created to provide diverse coverage of the best blockchain pure play venture funds in the Americas, Asia, and Europe. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 5.45x with an IRR of 79%. Fund II shows equally impressive early results with Net TVPI of 2.13x and an IRR of 106%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.
BLOCKCHAIN COINVESTORS FUNDS
Blockchain Coinvestors’ goals are to provide broad coverage of the emerging unicorns and fastest growth blockchain companies and to capture superior returns from investing in the leading blockchain venture partnerships. Our funds are open to investors that meet the Qualified Client definition with a minimum subscription level of $250,000 at the discretion of the Manager.
Blockchain Coinvestors Fund III (Fund of Funds) was created to provide diverse coverage of the best blockchain pure play venture funds in the Americas, Asia, and Europe. Blockchain Coinvestors Funds I and II have already experienced significant appreciation. Fund I Net TVPI is 5.45x with an IRR of 79%. Fund II shows equally impressive early results with Net TVPI of 2.13x and an IRR of 106%. Almost all of our fund investments are performing as top quartile against the Cambridge Associates Venture Benchmark.
Blockchain Coinvestors Fund IV (Early Stage Token) provides direct access to promising private stage token projects accessing our relationships with many of the world’s leading blockchain investors. We leverage asymmetrical information from our 40+ VC Funds to pick the most attractive opportunities. This is a continuation of the direct token investing strategy of the Fund Manager that has included private stage investments in Acala, Filecoin, NEAR, Polkadot, Structure, and others.
Blockchain Coinvestors VI (Mid Stage Growth) provides direct exposure to the emerging category leaders in the blockchain and crypto ecosystem. The fund leverages our unique sustainable competitive advantage (USCA) in blockchain, web3, and fintech to create a concentrated portfolio of between 20 and 30 investments with attractive return profiles and visible paths to liquidity. The fund assesses the more than 400 blockchain and crypto projects in which we are direct and indirect investors and employs a robust investment framework to select investment opportunities into the leading mid stage growth rounds - typically Series B, C and D. This is a continuation of the mid stage investing strategy of the Fund Manager that has included investments in Bitwise, Brex, InfiniteWorld, Securitize, Uphold, Wyre, and others.
Please visit the Blockchain Coinvestors website to learn more about our offerings. You can also reach our Investor Relations team directly at ir@blockchaincoinvestors.com.
BLOCKCHAIN COINVESTORS SWISS
We are excited to announce that Blockchain Coinvestors Funds are now available through Swiss certificates for those of our non-US investors who prefer this approach. The underlying fund is the same, however, our Zurich based team at Blockchain Coinvestors Swiss, who will introduce in future weeks, can provide detailed information regarding this investment option. Email us at mlemerle@blockchaincoinvestors.com to learn more.
BLOCKCHAIN COINVESTORS ANGELLIST SYNDICATE
Continuing the theme of the democratization of investing, we have a rapidly growing Blockchain Coinvestors syndicate on AngelList providing access to selected coinvestments. Please join us and our partner Lou Kerner on AngelList.
Click here to receive the insightful weekly crypto newsletter and webinar invitations from our Blockchain Coinvestors partner Lou Kerner.
REGISTER NOW FOR UPCOMING WEBINARS AND CALLS
Our investment team hosts regular webinars and calls to help educate our community about the Fifth Era, fintech, blockchain and crypto. We discuss important trends, tailwinds and investment themes including what we have learned and how we are using our knowledge to inform our own investment thesis and actions. Below is a list of upcoming webinars for which you can register by clicking the links:
AMA with Blockchain Coinvestors
- August 22nd, 7:00am PT
- August 22nd, 12:00pm PT
What is Blockchain-Based Gaming?
Options for Investing in Blockchain & Crypto
- September 19th, 7:00am PT
- September 19th, 12:00pm PT
Recordings of past webinars and calls can be found at www.blockchaincoinvestors.com/webinars.
RECENT PRESS
CoinTelegraph: The impact of crypto on the Russian sanctions
Ageless and Timeless: Conversation on how blockchain and crypto technologies will impact the future
CoinDesk TV: Interview on unicorns and predictions for 2022
Nasdaq Trade Talks: Discussion on the blockchain unicorn universe research and how to gain exposure
CoinDesk: Our predictions on blockchain unicorns in 2021
Ashurst: On the ESG Podcast, a discussion of the internet, fintech, blockchain, and individual revolution
Business Insider: Discussing how right now in blockchain is similar to the internet boom of the '90s in terms of growth and innovation
NBC San Francisco: An interview on what are NFTs
US News & World Report: What to know about Bitcoin ETFs
Crypto Unstacked: Podcast on the Fifth Era and the evolution of digital assets
Business Insider: Which digital asset to hold right now - Bitcoin or Ethereum
Inc Magazine: An explanation of NFTs
Pensions & Investments: How institutional investors are getting closer to blockchain and crypto investments
On the Brink with Castle Island: An overview of technology trends and the cryptoasset markets