FULL ARTICLE https://www.coincurb.com/news/crypto-vc-squandering-75-million-of-investor-money/
The 2017 crypto bull run helped basically anyone involved in the market. Practically any crypto investment was profitable at the time. Multicoin Capital was doing extremely well back then, however, current numbers show that the VC ROI over the years has gone down significantly.
The fund became famous in 2017 during the crypto bull run after raising at least $75 million. Since then, the crypto fund has been trying to raise more money trying to reach its $250 million funding target.
