Prelude

01 May 2025

Yesterday we announced that Cherry Crypto is now Prelude. We shared a post talking about it on our new website. The summary is that after three years of investing as the crypto fund of Cherry Ventures, my partners Brett and Yannis and I have spun out that fund and will...

The DeSci value chain in 2025

27 Mar 2025

I wrote a post last year laying out the DeSci value chain as I saw it. At the time I had broken it down into 3 core components: funding, research and publishing. I’d now add a fourth component: commercialization. DeSci is ultimately about bringing new drugs to market in...

Europe's rude awakening

11 Mar 2025

If there’s a lesson for Europe to take from the past couple of weeks, it’s that it needs to wake up. JD Vance’s speech at the Munich Security Summit and the beatdown of Zelensky in the Oval Office made it clear that Europe needs to take greater...

Lisbon

04 Mar 2025

I just got back to London after a couple of weeks in Lisbon. For the past 3 years I’ve been coming to Lisbon frequently, in particular over the winter months. London isn’t renowned for its great weather and this time of year the sun is a particularly rare...

Tenor

25 Feb 2025

The most widely used DeFi lending protocols today provide variable interest rates for both lenders and borrowers. Although variable-rate lending is a cornerstone of DeFi, its lack of predictability makes it less than ideal for certain users and caps DeFi’s growth. To put into context, in traditional financial markets,...