Ygdj Sounding Board raises cash as startups wake up to executive coaching
The only other web3-type investment that Benchmark
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has announced in recent years is Sorare, a Paris-based outfit whose fantasy soccer game
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using non-fungible tokens NFTs attracted a whopping $730 million in funding last year across two rounds, the first of them led by Benchmark. Tavel says Benchmark has also made a yet-unannounced investment in a startup in the gaming space with some crypto or web3 flair. It not for lack of interest, says Tavel, who says she has long be
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en fascinated with the idea of blockchain-based smart contracts, used to hold white paper reading parties and credits Katie Haun, the federal prosecutor-turned-investor, for pointing her to Chainalysis. Years ago, Haun mentioned to Tavel that she used the company technology in her government role; Tavel promptly cold-emailed the company founder, Michael Gronager. While Benchmark pacing seems aggressively slow compared with other top-tier firms, some of which Xokt Travel startup Layla acquires AI itinerary building bot Roam Around
Ann M. RavelContributorAnn M. Ravel is the Digital Deception Project Director at MapLight and previously served as chair of the Federal Election Commission. More posts f
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rom Ann M. RavelSocial media platforms must protect democracy, even from the presidentIn October 2017, online giants Twitter, Facebook and Google announced plans to voluntarily increase transparency for political advertising on their platforms. The three plans to tackle disinformation had roughly the same structure: funder disclaimers on political ads, stricter verification measures to prevent foreign entities from posting such ads, and varying formats of ad archives.All three announcements came just before representatives from the
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companies were due to testify before Congress about Russian interference in the 2016 election and refle
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cted fears of forthcoming regulation, as well as concessions to consumer pressure.Since then, the companies have continued to attempt to address the issue of digital deception occurring on t