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Richard is Co-Founder and Managing Partner at Fabric Ventures. Fabric backs the founders of the Open Economy. investing in builders, businesses and digital assets from inception to scaling since 2012. Fabric invested in the likes of Polkadot, Ocean Protocol, Orchid, Sorare, 1inch, The Graph, and NEAR. Richard combines a pedigree in open source, developer-oriented tools, and early stage venture investing with blockchain focus since 2012, and has invested in Pantera Venture Fund I, Bitstamp, Bitrise, Tray.io, TransferWise, and Citymapper. Richard has previously exited 3 software companies as an entrepreneur, building/ scaling Automic (CA), Tideway (BMC), and Orchestream (Oracle) – reaching a cumulative market cap of $2.2bn.
The Open Web presents a unique new proposition for venture investors, with earlier liquidity, eye-watering valuations, and far more concurrent considerations than a typical startup.
Artists have been marginalized for as long as music has been commercialized, how can this luddite industry be updated in the Open Web?
