Crypto Venture Fund: The New Harebrained Scheme or Sane Investment? 🧐🚀

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Mo Shaikh, the chap who once calmly raised a staggering $400 billion to launch Aptos Labs in 2022, now finds himself dabbling in the art of raising more money for what one might call ‘the ambitious dreamers’ of crypto. Ah, the irony of a man so dedicated to the ideal of *adoption*-as if crypto needs another shiny thing to throw money at! 🤡💸

Maximum Frequency Ventures Raises $50M to Fund Crypto Builders

Meet Mo Shaikh, a fellow who’s quite enamored with the word “adoption.” Apparently, nowadays, crypto funds prefer waiting for some mythical token to moon rather than actually building something people want. But Shaikh, ever the contrarian, and his merry band of former Aptos executives-Neil Harounian, Alexandre Tang, and Jerome Ong-decided to shake things up. They’re launching what they fondly call Maximum Frequency Ventures (MFV), a fund with the modest goal of tossing $50 million at budding crypto heroes. Because, naturally, everyone loves a good startup story, especially when it involves a generous dose of early-stage insanity. 🎲

Shaikh, who’s clearly made a career out of wearing suits and pretending to understand finance (he’s worked at BCG, BlackRock, RBC-his resume reads like a global conquest), has seen enough to know that crypto projects aren’t exactly sprouting wings overnight. “Crypto funds write checks and then wait for a token event,” he remarks, in a tone that suggests he’s over waiting. Shaikh believes the real secret sauce is embedding with teams and staying long enough to see something, anything, actually happen-like adoption, or at least a decent meme. 💪😅

His crew, quite impressively, knows exactly what “success” looks like, thanks to their close-up view of Aptos-one of those Meta spun-off projects that managed to survive after the Libra/Meta crypto circus was shut down faster than you can say “regulatory hurdles.” Aptos, with a modest $2.6 billion market cap, has more than 200 projects building on it, giving Shaikh and his team a front-row seat to the future of `$stuffwo`-or at least, they think they do. Shaikh describes these potential unicorns as “MFers ready to build,” which is a nice, cheeky way of saying “people who actually give a damn” (or at least pretend to). The ‘MF’ is, of course, a clever acronym-short for ‘Maximum Frequency,’ or maybe just “Mysterious Filing” – but it sounds fraught with wisdom and sarcasm, both equally necessary in crypto circles. 🤓

FAQ ⚡

  • What is Maximum Frequency Ventures (MFV)?
    A trillion-dollar dream, or a modest $50 million, launched by the noble Mr. Shaikh to fund early-stage crypto builders. Fun times!
  • Who’s behind the fund?
    The usual suspects-Shaikh and three former Aptos high-flyers, Neil Harounian, Alexandre Tang, and Jerome Ong. Because nothing says “trust” like guys who’ve already spent years in the circus.
  • What makes MFV different from other crypto funds?
    Well, it’s not just about the quick flip. These folks embed with startups and aim for real adoption, not just a quick token pump and dump. How quaint.
  • Why is this launch significant?
    It’s a tiny step (or perhaps a giant leap) towards emphasizing the operator’s experience over mere hype – because, frankly, that’s the only way crypto will grow up. Or so they hope in their little corner of the world.

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2025-10-15 10:58