Craft Ventures
| Private | |
| ISIN | 🆔 |
| Industry | Venture capital |
| Founded 📆 | 2017 |
| Founder 👔 | David O. Sacks, Bill Lee |
| Headquarters 🏙️ | San Francisco |
Area served 🗺️ | |
| Products 📟 | Venture capital |
| Total assets | $350 million |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Craft Ventures is a venture capital firm based in San Francisco which invests in technology and cryptocurrency. Craft was founded in 2017 by David O. Sacks and Bill Lee.[1] As of November 2018 it has invested in startups such as Bird, BitGo, Cloud9, Harbor, Lumina, Reddit, SpaceX, Terminal and Wayv.
Background[edit]
Craft was founded in 2017 by David O. Sacks, formerly of Yammer and Paypal[2] and Bill Lee.[3][4] Jeff Fluhr is a general partner in Craft.[5]
Ventures[edit]
Craft's first investment was in a series A round for Bird, a scooter sharing company. The firm further invested in a series B round of funding.[6]
Craft's invested in BitGo, other investors included Goldman Sachs, Galaxy Digital Ventures, and Valor Equity Partners.[4][7] Craft Ventures, in conjunction with Peter Thiel’s Founders Fund, Chamath Palihapitiya and Reddit co-founder Alexis Ohanian invested $28 million into eSports startup Cloud9.[8]
Craft have invested in Harbor, a blockchain company which provides services for firms to tokenize their assets.[9][10] In October 2018, Craft invested in Wayv, a business to business logistics platform which works in the cannabis industry.[11][12] Craft have also financed Lumina, Reddit, SpaceX, and talent-outsourcing startup Terminal.[2]
References[edit]
- ↑ Primack, Dan (4 January 2018). "David Sacks teams with Bill Lee to raise $350 million VC fund". Axios. Retrieved 3 June 2018.
- ↑ 2.0 2.1 Chernova, Yuliya (29 October 2018). "David Sacks Looks to Raise Up to $500 Million for Second Craft Ventures Fund". Wall Street Journal.
- ↑ Primack, Dan (6 October 2017). "Ex-Zenefits CEO David Sacks raising VC fund". Axios. Retrieved 3 June 2018.
- ↑ 4.0 4.1 Jackson, Eric (6 February 2018). "Ex-PayPal executive David Sacks explains how his new company will change crypto trading". CNBC. Retrieved 3 June 2018.
- ↑ "Jeff Fluhr". Bloomberg. Retrieved 1 November 2018.
- ↑ "Craft Ventures". Crunchbase. Retrieved 3 June 2018.
- ↑ "Blockchain security company BitGo pulls in $57.5 mln Series B". Pe Hub Network. 19 October 2018. Retrieved 1 November 2018.
- ↑ "Can This Man Make His Video Gaming Team a $1 Billion Business?". 6 August 2018. Retrieved 1 November 2018.
- ↑ "PayPal Alum: How Blockchain Will Change Investing and Why Real Estate Will Be First". Fortune. 19 May 2018. Retrieved 1 November 2018.
- ↑ "David Sacks's new startup wants to make it safer for old-guard industries to jump into crypto". Tech Crunch. Retrieved 1 November 2018.
- ↑ "Cannabis platform Wayv receives $5M in seed funding from Craft Ventures". Mobilepaymentstoday.com. 29 October 2018. Retrieved 1 November 2018.
- ↑ "Eaze co-founder inks $5 million raise for marijuana logistics firm". Marijuana Business. 30 October 2018. Retrieved 1 November 2018.
| Basic investment types |  | ||||||
|---|---|---|---|---|---|---|---|
| History | |||||||
| Terms and concepts |
| ||||||
| Investors | |||||||
| Related financial terms | |||||||
This article "Craft Ventures" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Craft Ventures. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
|
This page exists already on Wikipedia. |
