While dao5 will target check sizes of roughly $500,000 to $2 million for pre-seed and seed-stage deals, Salimi is experimenting with the fund’s structure, namely, giving the founders of the fund’s portfolio company a stake in the carry by eventually converting the fund into a DAO. www.coindesk.com
While dao5 will target check sizes of roughly $500,000 to $2 million for pre-seed and seed-stage deals, Salimi is experimenting with the fund’s structure, namely, giving the founders of the fund’s portfolio company a stake in the carry by eventually converting the fund into a DAO.
www.coindesk.com