Prelude
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 continue investing as Prelude going forward. We have taken our existing portfolio with us, and will continue to manage it as well as make new commitments, before we set out to raise the next fund.
Our investment strategy will remain exactly the same — we invest early, globally, take a hands-on approach, and build a concentrated portfolio.
For me personally, this brings to an end 7.5 years at Cherry. I initially joined as an intern straight out of university before getting the opportunity to start Cherry Crypto in 2022. It was a bold bet for Cherry’s founders, Filip and Christian, to let a 26-year-old me leverage the Cherry platform to build out a separate fund, and for that I will always be grateful.
With Prelude, I’m looking forward to continuing the work we’ve been doing over the past couple of years and to the opportunity to establish our own brand.