RATE Group | Pantera Capital Founder on What He Learned From Missing Out on Ethereum
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Pantera Capital Founder on What He Learned From Missing Out on Ethereum

14 May Pantera Capital Founder on What He Learned From Missing Out on Ethereum

Posted at 00:27h in Bitcoin News by

Dr. Steven Waterhouse, a founding partner of Pantera Capital, says that his biggest regret as a VC is not investing in the Ethereum (ETH) Initial Coin Offering (ICO), but he learned his lessons from his mistake.

Waterhouse received his doctorate from Cambridge University back in 1997. He launched several successful ventures before joining Fortress Investment Group in 2013 where he rubbed shoulders with Mike Novogratz. Initially, the idea was to start a crypto fund within Fortress. When this did not work out, he became one of the founding partners of Pantera Capital, in which Fortress invested. Currently, he serves as CEO of Orchid (OXT), a decentralized VPN service.

Bitcoin maximalism not a good adviser

Dr. Waterhouse likes to go by Seven, noting that (in his opinion) there are too many Stevens in the industry. When asked about his biggest mistake as a venture capitalist, his response was instantaneous — Ethereum. He had the opportunity to invest in its ICO, but his proximity to the…

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