Richard is a co-founder and Managing Partner at Fabric Ventures – a VC fund adapting the early, technical, and patient approach of venture capital to investing in Web 3.0 and decentralised data networks. Fabric invested in the likes of Polkadot, Ocean Protocol, Orchid, Blockstack, zeppelin_os, and Keep, among others.
Richard combines a pedigree in open source, developer-oriented tools, and early stage venture investing with blockchain focus since 2013, and has invested in Pantera Venture Fund, Bitstamp, Bitrise, Tray.io, Transferwise, and Citymapper. Richard was previously a 3x software entrepreneur, building/ scaling Automic (CA), Tideway (BMC), and Orchestream (Oracle) – reaching a cumulative market cap of $2.2bn.
Rentier capitalism turbo-charged by technology has profited the few; negatively impacted politics, mental health and the environment and constrained economic outcomes to silo’d local optimums....
Artists have been marginalised for as long as music has been commercialised, how can this luddite industry be updated in the Open Web?
The Open Web presents a unique new proposition for venture investors, with earlier liquidity, eye-watering valuations, and far more concurrent considerations than a typical startup.