Evan Fisher
@evanbfish
founder @portalventures | previously: @insightpartners, @goldmansachs | not financial advice
I’m incredibly proud to announce the launch of our oversubscribed $75M @PortalVentures Fund 2. We exclusively lead crypto pre-seeds with the first check in. Across our two funds we’ve now raised $115M. ~~~ Crypto is an industry that requires real conviction. Prior to launching…
We're pumped to welcome @evanzsolomon onboard as Chief of Staff @PortalVentures! I first got to know Evan his freshman year at Univ of Michigan. He reached out asking advice on breaking into crypto, my suggestion was to create things. Since then he launched the @MichBlockchain…
Excited to share that today is my first day as Chief of Staff at @PortalVentures! I’ve always been focused on backing the people building crypto’s future. I began doing this in college through @MichBlockchain and @MBC_Conference, helping students break into the space. Now, I get…
We’re excited to share that @PanteraCapital is leading our $13M Series A to help @Arch build the permissionless financial rails for a Bitcoin-denominated world. This funding brings us closer to unlocking Solana-like speed for Bitcoin apps, tapping into the $1T+ Bitcoin economy.
If we zoom out 10 years, what will be true? The dollar will weaken. Alternative stores of value will emerge as reliable financial assets. The world’s financial activity will move onto blockchains. We will see experimentation with new types of currencies. Privacy will be…
1/ Presenting our Latest Round. We’re Taking DeFi to Higher Highs🗿 Powering the next generation of yield and structured products. $9.5M Led by @polychain.
Today we're excited to share that @C_Angermayer has joined the Uranium Digital team as a strategic investor and advisor. Christian is a visionary and will be vital to aiding our mission in building the first institutional-grade spot market for uranium trading.
Most people know my investment firm, @ApeironInvests, for our work and investments in Biotech, Crypto, and Deep Tech. And indeed, those sectors have been our core focus for the past decade. However, the world is changing in profound ways. Today, I am very excited to announce…
1980s: “Private equity? That's just leverage and luck.” 2000s: “Internet startups? No profits, no future.” 2020s: “Protocols? No business models, just tokens.”
Quantum is the new meta—but building a quantum L1 is as ludicrous as asking everyone to move & permanently live in a nuclear bunker. So, what's the play? At @PortalVentures, a key criterion for underwriting a new company is simple: Will this asset still matter in 10 years?…
PSA: you can filter unread on iMessage I've wanted this quality of life upgrade for years 1. Go to Settings > Messages 2. Toggle on Filter Senders > Unknown Senders 3. In iMessage, tap Filters on top left corner 4. Select "Unread" to filter
We’ve been revisiting and investing in 2017 era ideas that were too early at the time. Some are seeing real adoption in 2025
thousands of experiments in crypto over the course of cycles. time to start going through the archives many great ideas that were simply too early for their time
🤯 Why would anyone walk away from a $90B fund? 🤯 I had to know. 🤔 So, I sat down with @evanbfish , who did exactly that to launch Portal Ventures. His insight into crypto as a completely new asset class was eye-opening. 🚀 Here's what I learned: - Why new asset classes…
Today @uraniumdigital_ is excited to share the closing of our $6.1M seed round, led by @hiFramework. This round accelerates the creation of a new market for the future of nuclear energy and the modernization of its fuel cycle trading infrastructure. This round also had…
Strongly believe that 'fundamental' crypto assets will benefit from the business model outlined here
1/ Protocols - The Next Business Model Software broke records on speed to $100M of revenue, protocols will break records on speed to $100M of profit portal.vc/protocols
We are thrilled to announce that Offline Protocol has raised $1.1 Million in pre-seed funding. This round is led by Portal Ventures (@PortalVentures), with participation from Seed Club Ventures (@seedclubvc), and angels Paul Taylor (@PaulTaylorVC), Rushi Manche (@rushimanche),…
Private <> public market arbitrage is not unique to crypto I was talking with a senior banker in Hong Kong two years ago who drew parallels between crypto market structure and chinese tech Investors couldn't get sufficient exposure to the asset class via private rounds, and…
We don't just need more liquid funds — we need more liquid tokens that fundamentally make sense to own at scale Why is that not the case today? - Valuation models for token are not agreed upon. This creates outsized volatility, which in turn increases cost of capital - Moats…
This piece feels increasingly prescient. In 2022 I estimated ~$25B of liquid fund inflows would be needed to support venture assets for the '21 VC vintage alone (assuming a target 5x return) The math can be adjusted here, but the framework still holds. The only way for VCs to…
1/ Over $20B in crypto funds have been raised the past 12+ months. How much market cap needs to be created to support returns at this scale? Where will this come from (hint: institutions)? portal.vc/content/instit…
Capital markets are moving on-chain Our thesis on @uraniumdigital_ here: portal.vc/uranium_digital
NEW POD: Making Nuclear Markets Work Onchain - Why uranium still trades through phone calls - Building spot markets for nuclear on Solana - Why institutions prefer crypto rails - The future of uranium & nuclear demands @uraniumdigital_ @santiagoroel @JasonYanowitz 0:00 -…