Aptos cofounder, early employees raise $50 million for crypto fund Maximum Frequency Ventures [Fortune]
Blackrock Health Sciences Trust (BME)
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blackrock.com/investing/products/240227/blackrock-health-sciences-trust-usd-fund
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Source: Fortune
MF, Ventures, he said the name was a “nice play on letters.” Which letters? The same ones for “motherf–ker,” he implied, laughing. “It kind of takes that level of grind and focus to really be a founder,” he told Fortune . In other words, to be a great founder requires “f–k you” energy. On Tuesday, Shaikh, the cofounder of the well-known blockchain development company Aptos Labs, announced that he and three former colleagues had raised $50 million for a new venture fund that will focus on crypto companies. “We want to help each founder hit their maximum frequency,” he said. Once a novelty in venture capital, crypto-focused funds are now commonplace, and Maximum Frequency will join a landscape defined by the likes of Paradigm, Dragonfly, and Haun Ventures, among others. Shaikh's three other cofounders are Neil Harounian, the first employee Shaikh hired at Aptos Labs and the startup's former head of ecosystem; Alexandre Tang, the former head of APAC institutions at Aptos Labs; and
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