Leo Schwartz / Fortune:
Crypto VC firm Dragonfly closes a $650M fund, its fourth, as the crypto VCs go through a “mass extinction event”; Dragonfly backed Polymarket's Series B  —  When Rob Hadick signed the paperwork to join Dragonfly Capital in April 2022, he rented a house in the Hamptons.

Venture capital has long avoided ‘hard’ sectors such as government, defence, energy, manufacturing, and hardware, viewing them as uninvestable because startups have limited scope to challenge incumbents. Instead, investors have prioritised fast-moving and lightly regulated software markets with lower barriers to entry. End users in these hard industries have paid the price, as a lack […]

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ROCK ISLAND, IL—Taking a moment to reflect on treasured memories of their recently deceased family patriarch, grandchildren of the late Ronald Gorden reminisced Tuesday about how their grandfather was always there to mess up stuff their grandma had just cleaned. “If there’s one thing you could say about Grandpa, it’s that he was continually tracking […]

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Peak Design is launching a lineup of mobile straps for carrying small gadgets and other essentials around without dumping them into a bag. There are three versions available starting today: a $29.95 Mobile Cuff for your wrist, a $49.95 two-point Crossbody Strap, and a $59.95 Crossbody Multi-Strap that allows you to carry several items at […]