{"id":89702,"date":"2024-10-23T08:30:17","date_gmt":"2024-10-23T12:30:17","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89702"},"modified":"2024-10-23T08:01:24","modified_gmt":"2024-10-23T12:01:24","slug":"stripes-1-1-billion-deal-for-crypto-firm-bridge-marks-much-needed-win-for-vcs","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2024\/stripes-1-1-billion-deal-for-crypto-firm-bridge-marks-much-needed-win-for-vcs.html","title":{"rendered":"Stripe\u2019s $1.1 billion deal for crypto firm Bridge marks much-needed win for VCs"},"content":{"rendered":"\n<p>(CNBC) In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company was Bridge Network. As part of his pitch, Ahn flew to a small town in northern Montana with a term sheet in hand for founders Zach Abrams and Sean Yu, who had both previously worked at\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\">Coinbase<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/SQ\/\">Block<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/10\/23\/stripes-1point1-billion-deal-for-bridge-marks-much-needed-win-for-vc.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company was Bridge Network. As part of his [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89702","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89702"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89702\/revisions"}],"predecessor-version":[{"id":89703,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89702\/revisions\/89703"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}