How getting blocked by LinkedIn sowed Web3 belief in Better Capital founder – Mint

Home / Companies / News /  How getting blocked by LinkedIn sowed Web3 belief in Better Capital founder Premium Reuters 5 min read . Updated: 20 Jan 2022, 07:53 PM IST Joseph Rai Domkundwar said Better Capital will double down on the crypto/Web3 space this year with a global lens and focus on what Web2 to Web3 transition may mean and entail For Vaibhav Domkundwar, founder and CEO of pre-seed focused investment firm Better Capital, interest in Web3 is rooted in his Linkedin account getting blocked “years ago”.  “Going through an experience like that led me into buying into Web3. Web3 feels like a herd mentality now but for us, it is more about our philosophical belief on decentralized internet infrastructure for the future,” said Domkundwar in an interview with VCCircle.  Web3 stands for a decentralized version of the internet that runs on peer-to-peer technologies such as a public blockchain and it has become one of the most sought-after new age themes among venture capital investors now.  Better Capital, which made its first bet in India with an investment in neo banking startup Open in 2018, has become one of the most active and prominent early-stage investors with a focus…
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