Placeholder

Placeholder is a venture capital firm established in 2017, focusing on investments in decentralized information networks and protocols. The firm operates as a thesis-driven investor, emphasizing projects that utilize native crypto tokens to coordinate decentralized networks. This approach is grounded in the belief that such networks will decentralize access to data, wealth, and power, thereby reducing information production costs and dismantling data monopolies.

The firm's investment strategy targets early-stage companies, primarily participating in Seed and Series A funding rounds, though it has also engaged in Series B and C rounds. Placeholder's portfolio is diverse, encompassing sectors such as Blockchain Technology, FinTech, Decentralized Finance (DeFi), Web3 Services, NFTs, Gaming, Infrastructure, and Protocols. Notable investments include Ethereum, Polkadot, Solana, Celestia, and Zcash.

Placeholder distinguishes itself by publicly sharing detailed investment theses for many of its portfolio companies, offering transparent insight into its evaluation and decision-making processes. This founder-focused approach aims to build strong relationships with development teams, allowing the firm to evolve its investment thesis in real-time and become prominent members of the communities it invests in.