June 02, 2023  SEONews

Announcing Electric Capital’s New General Partners: Ken Deeter … – PR Newswire

PALO ALTO, Calif., June 2, 2023 /PRNewswire/ — We are excited to announce that Ken Deeter and Maria Shen have been promoted to General Partners at Electric Capital. All of Electric Capital’s Partners are engineers.

We believe the next generation of iconic venture firms will be led by software engineers because capital markets will be crypto-enabled. As value becomes digital, new technologies to transfer and aggregate that value naturally emerged: DeFi has over $50B capital in smart contracts. NFT trading volume is $12B+ annualized. There are over $120B in stablecoins on chain. Crypto demonstrates the potential for on-chain, 24/7, global capital markets.

Engineering capability and technical contributions are essential to helping founders succeed on these new open platforms. VCs will need expertise in areas such as liquidity provisioning, governance, code security, designing novel token mechanisms, and more.

We are excited to welcome Ken and Maria as General Partners who exemplify…

Read Full Story: https://news.google.com/rss/articles/CBMigwFodHRwczovL3d3dy5wcm5ld3N3aXJlLmNvbS9uZXdzLXJlbGVhc2VzL2Fubm91bmNpbmctZWxlY3RyaWMtY2FwaXRhbHMtbmV3LWdlbmVyYWwtcGFydG5lcnMta2VuLWRlZXRlci1hbmQtbWFyaWEtc2hlbi0zMDE4NDEzNDEuaHRtbNIBAA?oc=5

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source: https://news.oneseocompany.com/2023/06/02/announcing-electric-capitals-new-general-partners-ken-deeter-pr-newswire_2023060245601.html

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