Kliner Perkins Caufield and Byers, a Silicon Valley venture capital firm best known for its investments in Google, AOL, Twitter, Uber and Amazon, has introduced a fund called the Edge Seed Fund, which is set to focus on helping early stage Bitcoin- and blockchain-based startups. The Edge fund, led by Kleiner Perkins partners Mike Abbott and Anjney Midha, plans to offer investments of $250,000 to support selected startups in developing and programming platforms, products and services. The $4 million fund will be operated by former Google product manager Ruby Lee, and the founder of bitcoin and dogecoin transaction service Backlash, Roneil Rumberg. To help early-stage startups from losing equity in its first few funding rounds, the firm is set to […]
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