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USV’s Assets Under Management Carrying Value Cut in Half in 2022, Says Its Co-founder

The sector with the largest impact, obviously, has been web3. Many large centralized entities; lenders, exchanges, crypto funds, etc, blew up when the value of web3 assets declined 70-90% over the course of 2022.
USV’s Assets Under Management Carrying Value Cut in Half in 2022, Says Its Co-founder