Crypto VC 10T Holdings CEO: Numerous crypto startups with valuations 50 to 80 times higher scare off venture capital firms

Blockbeats

05-15

BlockBeats News, May 15th. According to Cointelegraph, on May 14th, Dan Tapiero, CEO of the crypto venture firm 10T Holdings, pointed out at the Toronto Consensus conference that many crypto startups are pursuing valuations far exceeding their revenue, making it difficult for venture capital to achieve returns. Tapiero said, "For some reason, founders and CEOs believe they should raise money at 50 to 80 times revenue. This makes it difficult for us to create returns for liquidity providers."

Tapiero revealed that his firm has rejected over 200 projects due to overvaluation, including now-bankrupt FTX, BlockFi, and Celsius. 10T Holdings' investment criteria include enterprise valuations of 4-5 billion USD or more, with a market-sales ratio not exceeding 10 times.

Despite concerns about a valuation bubble, PitchBook data shows that cryptocurrency venture capital transaction volume in the first quarter of 2025 grew over 100% to reach 6 billion USD. During the same discussion, Pantera Capital CEO Dan Morehead suggested that venture capital adopt an "Equity + Token" combination investment strategy, with 86% of the projects his firm invested in being profitable and 22 of them becoming unicorn companies.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2535357608"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2535357608\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2535357608?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-15 09:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535357608","market":"us","top_or_hot":-1,"title":"Crypto VC 10T Holdings CEO: Numerous crypto startups with valuations 50 to 80 times higher scare off venture capital firms","media":"Blockbeats","content":"<html><body><div><p>BlockBeats News, May 15th. According to Cointelegraph, on May 14th, Dan Tapiero, CEO of the crypto venture firm 10T Holdings, pointed out at the Toronto Consensus conference that many crypto startups are pursuing valuations far exceeding their revenue, making it difficult for venture capital to achieve returns. Tapiero said, \"For some reason, founders and CEOs believe they should raise money at 50 to 80 times revenue. This makes it difficult for us to create returns for liquidity providers.\"</p><p>Tapiero revealed that his firm has rejected over 200 projects due to overvaluation, including now-bankrupt FTX, BlockFi, and Celsius. 10T Holdings' investment criteria include enterprise valuations of 4-5 billion USD or more, with a market-sales ratio not exceeding 10 times.</p><p>Despite concerns about a valuation bubble, PitchBook data shows that cryptocurrency venture capital transaction volume in the first quarter of 2025 grew over 100% to reach 6 billion USD. During the same discussion, Pantera Capital CEO Dan Morehead suggested that venture capital adopt an \"Equity + Token\" combination investment strategy, with 86% of the projects his firm invested in being profitable and 22 of them becoming unicorn companies.</p></div></body></html>","source":"theblockbeats_live","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto VC 10T Holdings CEO: Numerous crypto startups with valuations 50 to 80 times higher scare off venture capital firms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto VC 10T Holdings CEO: Numerous crypto startups with valuations 50 to 80 times higher scare off venture capital firms\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Blockbeats</strong><span class=\"h-time small\">2025-05-15 09:04</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><div><p>BlockBeats News, May 15th. According to Cointelegraph, on May 14th, Dan Tapiero, CEO of the crypto venture firm 10T Holdings, pointed out at the Toronto Consensus conference that many crypto startups are pursuing valuations far exceeding their revenue, making it difficult for venture capital to achieve returns. Tapiero said, \"For some reason, founders and CEOs believe they should raise money at 50 to 80 times revenue. This makes it difficult for us to create returns for liquidity providers.\"</p><p>Tapiero revealed that his firm has rejected over 200 projects due to overvaluation, including now-bankrupt FTX, BlockFi, and Celsius. 10T Holdings' investment criteria include enterprise valuations of 4-5 billion USD or more, with a market-sales ratio not exceeding 10 times.</p><p>Despite concerns about a valuation bubble, PitchBook data shows that cryptocurrency venture capital transaction volume in the first quarter of 2025 grew over 100% to reach 6 billion USD. During the same discussion, Pantera Capital CEO Dan Morehead suggested that venture capital adopt an \"Equity + Token\" combination investment strategy, with 86% of the projects his firm invested in being profitable and 22 of them becoming unicorn companies.</p></div></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.theblockbeats.info//en/flash/293930\">Blockbeats</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.theblockbeats.info//en/flash/293930","article_id":"2535357608","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535357608","pubTimestamp":1747271040,"columns":[],"sourceInfo":{"source_id":"theblockbeats_live","name":"Blockbeats快讯"},"weMediaInfo":null,"summary":"BlockBeats News, May 15th. According to Cointelegraph, on May 14th, Dan Tapiero, CEO of the crypto venture firm 10T Holdings, pointed out at the Toronto Consensus conference that many crypto startups are pursuing valuations far exceeding their revenue, making it difficult for venture capital to achieve returns. Tapiero said, \"For some reason, founders and CEOs believe they should raise money at 50 to 80 times revenue. This makes it difficult for us to create returns for liquidity providers.\"Tapiero revealed that his firm has rejected over 200 projects due to overvaluation, including now-bankrupt FTX, BlockFi, and Celsius. 10T Holdings' investment criteria include enterprise valuations of 4-5 billion USD or more, with a market-sales ratio not exceeding 10 times.Despite concerns about a valuation bubble, PitchBook data shows that cryptocurrency venture capital transaction volume in the first quarter of 2025 grew over 100% to reach 6 billion USD. During the same discussion, Pantera Capita","collect":0,"end_time":0,"defaultTopTitle":"theblockbeats.info","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Crypto VC 10T Holdings首席执行官：众多估值高出50至80倍的加密初创公司吓跑了风险投资公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EQR":1,"USD":1},"content_text":"BlockBeats News, May 15th. According to Cointelegraph, on May 14th, Dan Tapiero, CEO of the crypto venture firm 10T Holdings, pointed out at the Toronto Consensus conference that many crypto startups are pursuing valuations far exceeding their revenue, making it difficult for venture capital to achieve returns. Tapiero said, \"For some reason, founders and CEOs believe they should raise money at 50 to 80 times revenue. This makes it difficult for us to create returns for liquidity providers.\"Tapiero revealed that his firm has rejected over 200 projects due to overvaluation, including now-bankrupt FTX, BlockFi, and Celsius. 10T Holdings' investment criteria include enterprise valuations of 4-5 billion USD or more, with a market-sales ratio not exceeding 10 times.Despite concerns about a valuation bubble, PitchBook data shows that cryptocurrency venture capital transaction volume in the first quarter of 2025 grew over 100% to reach 6 billion USD. During the same discussion, Pantera Capital CEO Dan Morehead suggested that venture capital adopt an \"Equity + Token\" combination investment strategy, with 86% of the projects his firm invested in being profitable and 22 of them becoming unicorn companies.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}