Crypto VC Scalar Capital co-founder is transitioning out of investor role

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By BitcoinWiki News

Key Takeaways:

– Linda Xie, co-founder and managing director of crypto VC Scalar Capital, is transitioning out of her investor role at the firm
– Xie will be “going back to building” instead of serving as a full-time investor
– Xie and Jordan Clifford will stay in their roles as managing directors while the fund moves to maintenance mode
– Scalar won’t be deploying new capital going forward
– Xie is working on something new in the crypto space with Daniel Pyrathon
– Before Scalar, Xie served as an advisor to peer-to-peer decentralized exchange 0x
– Xie also worked as a product manager for internal tools and data analytics at the crypto exchange Coinbase


Linda Xie, the co-founder and managing director of crypto VC Scalar Capital, has announced she is transitioning out of her investor role at the firm. Instead, Xie will be focusing on “building” and working on something new in the crypto space with Daniel Pyrathon. However, both Xie and Jordan Clifford, the other co-founder and managing director, will remain in their roles as managing directors while the fund moves to maintenance mode. Xie stated that she will continue to support Scalar portfolio companies, but the main change is that the firm will no longer be deploying new capital. Before Scalar, Xie had worked as an advisor to 0x and as a product manager for internal tools and data analytics at Coinbase.

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