Historically, new models of computing have tended to emerge every 10–15 years: mainframes in the 60's, PCs in the late 70's, the internet in the early 90's, and smartphones in the late 2000. Each computing model enabled new classes of applications that built on the unique strengths of the platform. For example, smartphones were the first truly personal computers with built-in sensors like GPS and high-resolution cameras. Applications like Instagram, Snapchat, and Uber & Lyft took advantage of these unique capabilities and are now used by billions of people. At Emerging One Crypto Fund, we are diligent about making thoughtful investments in a myriad of use cases, in all market conditions. We take a risk-adjusted approach and invest across stages, geographies and asset types. Blockchain technology is not the correct solution for every application but, when it is, we believe it has transformational power.
