Introducing Persistence Capital.
Persistence is a liquid fund investing in a small number of high quality, yet undervalued assets.
Despite crypto being in a bull market, many venture funds are underwater. This is driven by the disproportionate amount of capital in the venture market driving crazy valuations.
When these tokens hit the public market there isn't enough capital to absorb the supply and price declines - eroding returns for investors.
Persistence will seize on this asymmetry to capture venture-like returns without many of the risks of early-stage investing inc founder, execution, market, illiquidity more.
Our investments will centre around:
- AI is Cryptos Killer Use-case
- DePIN Business Models
- Digital Commodities
- Disintermediation and Real-world Cashflows