Source: TechCrunch
Summary
5(c) Capital, a new venture firm, is focusing on backing startups in the prediction markets space. The firm aims to support companies leveraging this burgeoning category.
Our Reading
The launch follows a familiar script.
5(c) Capital jumps into the prediction markets fray, because why not? Another firm, another space, another chance to disrupt. They’re backing startups, because that’s what VCs do. The prediction markets space is “burgeoning”, which is code for “we think it’s going to be big”. And 5(c) Capital wants in.
Original observation: 5(c) Capital is just in time to catch the hype cycle’s second wave.
Author: Evan Null
