Pantera’s Paul Veradittakit Shares Insights on Identifying Crypto Unicorns

Pantera Capital's Paul Veradittakit shared insights on investment strategies and the current market landscape. Key points include:

Veradittakit focuses on identifying future unicorns, particularly in Series A funding rounds.
He emphasizes the importance of founders who demonstrate resilience and a strong problem-solving mindset.
Pantera is raising its next fund, targeted at $1 billion, following a previous fund of $1.25 billion.
The firm aims to balance investments between US-based and international projects, having previously allocated 40% outside the US.
On VC coins, he acknowledges past issues where retail investors faced losses and advocates for better alignment and transparency between VCs and entrepreneurs.
Current interests include staking, insurance, infrastructure projects, and developments at the intersection of traditional finance and crypto.
Pantera remains cautious about hardware investments due to capital intensity and is closely monitoring AI developments for potential use cases in crypto.