This week’s edition of the Hedge Fund Alert weekly update included a section on Unbounded Capital and our new venture fund. Fund II is a venture fund, planning to invest $500,000 to $2 million in 15-20 early stage companies.

The article goes on to reference several quotes from UC Managing Partner Zach Resnick regarding the thesis of Unbounded Capital & Fund II:

“Outlier returns in blockchain & crypto venture [capital] come from investing in companies that are building products & services that solve big problems using blockchain on the back end, where their users don’t even have to know that blockchain is even being involved,” said Zach Resnick, Unbounded’s Austin-based managing partner & co-founder. “& what we found is that pretty much all the founders that we want to back are building on BSV.”

“When you look at the vast majority of crypto assets & blockchains in the world, the chief optimization is around being ‘decentralized,’ which really is a euphemism for ‘how do we do things that government can’t change even if they wanted to,’” he said. “& that’s, as we see it, the cardinal sin of crypto & blockchain today, where, by focusing on a niche view of decentralization rather than scale, we’re left with a place where basically all blockchains don’t have a chance of scaling to meet global demand – besides the original version of bitcoin [BSV].”

Check out the full section on Unbounded Capital from the Hedge Fund Alert weekly update below.