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Does WeWork’s Adam Newman really deserve his second chance?

by Vincent Ledbetter
May 26, 2022
in News
Does WeWork’s Adam Newman really deserve his second chance?

image credit: techcrunch

Many entrepreneurs have used the crypto boom to plot the next phase of their Silicon Valley character arc, but few have an active television series chronicling their misdeeds.

This week, Adam Newman made his post-WeWork debut, co-founded a blockchain-based carbon credit marketplace, and — more impressively — raised $70 million in funding, nearly half of which came from VCs. And the other part came from A. Private Token Sale.

News of the deal led by Andreessen Horowitz hit Twitter, so naturally we got to discuss it this week…

Also read: WeCrashed, review of the new Apple TV series with Jared Leto and Anne Hathaway

hello and welcome back chain reaction The podcast, where we unpack and explain the latest crypto news, drama and trends, break it down block by block for the crypto curious.

This week, we got into Newman news dissecting Andreessen Horowitz’s latest crypto mega-fund, which has some zeros. The $4.5 billion Crypto Fund IV doubles the size of the firm’s final fund that launched a year ago. This is a very turbulent time for the industry – tokens are crashing, blockchains are bursting, investors are liquidating and the outlook is grim. But as crypto companies are finding ways to weather the storm, this week we talked a little bit about FTX, which announced its foray into stock trading.

Our guest: Grace Isoford of Lux Capital

In our interview this week, we sat down with Grace Isford. Isford is an investor in Lux Capital where she supports crypto startups focused on scalability and security. In our extensive talk, we talked about the biggest scaling problems facing Web3 and how consumers can stay safe and accept the risk at the same time.

The Chain Reaction podcast episode airs every Thursday at 12:00PM PDT. Subscribe to us on Apple, Spotify or your alternative podcast platform of choice to keep up with us every week.

Source

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