VISARY.io - Investment Meditations

Fund Structure and History

Fund Structure and History

This is a requested blog post and question we receive often, and figured it was a good time to officially break down the fund's structure and history. Since it's inception, Visary's fund structure has always been proprietary, in-house capital. Despite many inquiries over the years from various funds, family offices,

Fund Update – Q2 2022

Fund Update – Q2 2022

Below are Visary Capital's venture investment and crypto updates for Q2 2022, along with our market outlook and analysis.

It's Not Different This Time

It's Not Different This Time

These markets are fractal, the supercycle was a farce.

Fund Update – Q1 2022

Fund Update – Q1 2022

Below are Visary Capital's venture investment and crypto updates for Q1 2022, along with our market outlook and analysis.

The WoW:Crypto Pipeline

The WoW:Crypto Pipeline

As we explore more gaming opportunities for the fund as it relates to crypto, I can't help but often think about my time playing World of Warcraft (WoW) as part of the journey that led me here. When people ask me how I got into crypto in 2015, I generally

Closing the Year: Crypto Fund Update – Q4 2021

Closing the Year: Crypto Fund Update – Q4 2021

Our strategy for the second half of 2021 was primarily focused on re-balancing longer term crypto investments, adding to our core positions, and focusing on building a healthy cash position to derisk and make more net new investments. In October and November, the crypto market hit new all-time highs and

Venture Fund Update – Q4 2021

Venture Fund Update – Q4 2021

Below are Visary Capital's venture investments and highlights for Q4 2021. You can view the previous Q3 2021 update here [https://www.visary.io/q3-2021/]. Boost [https://boo.st/] (Net New, Pre-Seed) Boost is looking to re-invent the barcode, make it programmable, and bring it omnichannel across social. Boost Tags

Portfolio Company Staked: Acquired by Kraken

Venture Featured

Portfolio Company Staked: Acquired by Kraken

"Crypto exchange Kraken said that the acquisition of Staked was one of the largest crypto industry acquisitions to date"

Why We Invested in Turing, The Talent Cloud

Why We Invested in Turing, The Talent Cloud

We first invested in Turing's seed round in early 2019. We have been proponents of distributed teams for over a decade, particularly given our backgrounds in open-source software. In the enterprise world, this trend started with sales reps being able to work remotely in their local territories, just as CRM

Crypto Gaming and Play2Earn

Crypto Gaming and Play2Earn

We have recently made a bunch of investments across the crypto gaming and play 2 earn space (we will cover these in our next quarterly update). We've been waiting for this moment for years, when gaming and crypto converge and blockchain infrastructure is beginning to become mature enough for wider

DAO Utopianism

All utopianism eventually meets its reality. Whether the Soviet Union, Modern Monetary Theory, or radical government spending policies like the "Green New Deal," harsh objective truths in economics, physics, energy, human nature, etc. always come to the surface. The blunt truth about flat organizations is no different. DAOs (Decentralized Autonomous

Venture Fund Update – Q3 2021

Venture Fund Update – Q3 2021

This was a very active quarter with 5 quality new deals closed. We're excited to partner with these teams closely. We also cover the state of the venture capital market.

The Next Leg: Crypto Fund Update – Q3 2021

The Next Leg: Crypto Fund Update – Q3 2021

The third quarter of 2021 turned out to be one of the best performing single quarters since the fund's inception. Profit-taking in certain positions through the previous quarter, followed by the strategy of sidelining a strong allocation of dry powder until market clarity gave us some breathing room to make

Using What We Invest In

Using What We Invest In

Skin in the game and incentive alignment are becoming increasingly important across businesses and institutions. You want governments, politicians, and executives to be held accountable for their actions. You want CEOs who believe in and use their own products, whether it be biotech CEOs taking their vaccines, or car company

Venture Fund Update – Q2 2021

Venture Fund Update – Q2 2021

This was a lighter quarter in terms of new venture investments that we expect to make up for with incoming Q3 deals. We also had 6 excellent uprounds announced for existing portfolio companies.

Market Correction: Crypto Fund Update – Q2 2021

Market Correction: Crypto Fund Update – Q2 2021

The second quarter in the crypto markets began with a bang and we saw continued euphoria across crypto, culminating in an eventual 50%+ correction which we will delve into in detail and how we performed, along with thoughts on where valuations are headed. Although we've been proponents of looking at

Venture Fund Update – Q1 2021

Venture Fund Update – Q1 2021

We continue investing in entrepreneurs with a passion to open up investment opportunities to anyone, globally. The digital economy, as expected, is going to the moon.

Managing the Cycle: Crypto Fund Update – Q1 2021

Managing the Cycle: Crypto Fund Update – Q1 2021

The first quarter of 2021 was action-packed for the crypto markets, as Bitcoin hit new highs every month, finally topping at the last local high of ~$61,500 in March. The fund saw major growth across the portfolio which was more pronounced in DeFi and a number of longer term

The Bitcoin Energy Debate

The Bitcoin Energy Debate

As usual, when the price of Bitcoin goes up, the doomsday headlines about its energy usage start re-emerging from the usual suspects. The last time price had a downturn, even as mining hashrate was still increasing, the same crowd was mostly silent on this issue. Since we've gotten this question

Rotate and Consolidate: Crypto Fund Update – Q4 2020

Rotate and Consolidate: Crypto Fund Update – Q4 2020

Q4 2020 was all about rotating and consolidating the portfolio into stronger conviction positions with risk in mind. We took profits where we needed to and rebalanced. We also recently wrote our Q4 update for the Venture Fund, which you can read here [https://www.visary.io/q4-update/]. We are

Venture Fund Update – Q4 2020

Venture Fund Update – Q4 2020

“The most valuable businesses of coming decades will be built by entrepreneurs who seek to empower people rather than try to make them obsolete.” -Peter Thiel

The King (BTC)

Antifragile [https://unchained-capital.com/blog/bitcoin-is-antifragile/], deflationary, scarce, trustworthy, restorative, hardest money, honey badger, unstoppable, censorship-resistant. These are some of the common terms to describe Bitcoin. And unlike many things in life, it has actually lived up to its 'buzzword' descriptors. Bitcoin is a foundational investment position of Visary Capital

Venture Fund Update – Q3 2020

Venture Fund Update – Q3 2020

“Any trends that were in effect, were probably accelerated in 2020 because of this [COVID]” -Bill Miller, Value Investor

Memetic Markets: Crypto Fund Update – Q3 2020

Memetic Markets: Crypto Fund Update – Q3 2020

As promised, here is our Crypto Fund update, general outlook, new allocations and upcoming project launches. We recently wrote our Q3 2020 update for the Venture Fund, which you can read here: Q3 Update [https://www.visary.io/q3-update/]. We are currently approaching these markets as if they are about