Boost VC, the San Mateo-based bitcoin investment firm headed by Adam Draper, has picked 24 startups for its latest batch of brand-new bitcoin companies, bringing its overall portfolio to 50 business.
Boost VC’s People 5 started its three-month startup accelerator and mentorship intensive yesterday, as reported by Upstart Company Journal. According to Draper, the company remains bullish on bitcoin and has no plans to stop buying brand-new startups and ideas.
“While some individuals may have backed off of bitcoin a bit, we doubled down,” Draper informed the publication in an interview. “We just bought twice as many companies as anybody has ever purchased bitcoin. We broke our own record.”
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