Boost VC to Invest Additional 300 BTC in Each Tribe 5 Bitcoin Startup
California-based startup accelerator Boost VC is continuing its "all-in" dive into the bitcoin space with an announcement of a new fund, Boost Bitcoin Fund 2, which promises each company in its upcoming Tribe 5 startup batch an investment of 300 BTC upon completion of the program. The fund, which was backed by Draper Associates, is one of many recent announcements to come from Boost VC. In November, the accelerator closed a $6.6m funding round led by Marc Andreessen and Ben Davenport and announced that its next cohort would feature only companies working with bitcoin and blockchain....
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Bitcoin startup accelerator Boost VC has recently announced its new fund. Entitled "Boost Bitcoin Fund 2," the organization will award 300 BTC to every company in its upcoming "Tribe 5" batch that completes its upcoming incubator program. Boost VC states on its website: "Boost VC is the Bitcoin accelerator. We invest in 20-30 companies twice a year for three months. We provide housing and office space for each company located in the heart of Silicon Valley. We put talent, passion and drive alongside season entrepreneurs and investors to build world changing companies." The fund is a....
California startup incubator Boost VC took a markedly different approach to its latest batch of early-stage companies, known in its own internal parlance as Tribe 6. While Boost VC's Tribe 5 was dominated by bitcoin and blockchain startups - accounting for 90% of the 25 assembled companies, Tribe 6 was primarily focused on another emerging technology, virtual reality (VR). But with their latest batch, CEO Adam Draper and co-founder Brayton Williams didn't abandon their long-standing commitment to bitcoin, so much as take a step back. Tribe 6 still featured five blockchain startups, all of....
It's the final day of Tribe 4's tenure in Boost VC's startup accelerator, and things have been busier than ever. The accelerator, perhaps most famous for its CEO Adam Draper's promise to fund 100 bitcoin startups by the end of 2017, has been housing 16 bitcoin startups in its San Mateo, California, headquarters since the beginning of July. The group, colloquially referred to as Tribe 4, has been gearing up for the startup world's equivalent of a graduation ceremony: Boost's Demo Day. Today, each of the startups will present a 3-4 minute pitch of their company to a room filled with hundreds....
Boost VC, the San Mateo-based startup incubator led by CEO Adam Draper, announced 'Tribe 7' yesterday, its latest group of 20 early-stage startups. With its latest batch, Boost's portfolio currently stands at 138 companies – 55 working on blockchain products and 34 on virtual reality. The incubator now claims to be the most active investor in both of those sectors, adding that a total of over $125m that has been raised by its startups to date. Notably, while Tribe 5 was dominated by bitcoin and blockchain startups – accounting for 90% of the 25 firms – last year's Tribe 6 and now Tribe 7....
Boost VC, a well-known accelerator among startups and the bitcoin community recently had a demo day for its latest cohort. Boost VC gained the attention of the bitcoin community after it started focusing only on bitcoin and blockchain based startups for a couple of programs. Since then, the accelerator has distributed its focus between two emerging technologies - Bitcoin and Digital Reality. The digital reality segment includes startups and entrepreneurs who are working on augmented reality and virtual reality technologies. October 8, 2015 saw the graduation of the 6th batch of startups....