Mentioned:
UBER -2.06% HOOD -6.63%

One of Silicon Valley’s most notable angel investors is making a bet on something new: Bittensor.

What’s happening:

  • Angel investor and All In podcast co-host Jason Calacanis has launched a new venture fund focused on the Bittensor ecosystem known as Stillcore Capital

Why it matters:

  • Jason Calacanis is one of the most successful angel investors in Silicon Valley and was notably an early stage investor in Uber (NYSE: UBER) and Robinhood (NASDAQ: HOOD)

Going deeper:

  • Stillcore Capital is aiming to acquire roughly 1% of the circulating supply of Bittensor and will also invest in promising projects being developed within the Bittensor ecosystem
  • Mark Jeffrey and Rob Green are the other two founding partners of Stillcore Capital and have both made multiple investments into startups and protocols being built within the Bittensor network