TechCrunch+ roundup: Save your equity, LatAm crypto survey, where the runway ends

Money doesn’t need to be protected from sudden vibrations or direct sunlight, so the term “dry powder” strikes me as a poor metaphor for the mounds of cash investors were dropping on startups just a few months ago.
“What’s crazy to me is that some of these companies are still in the seed-stage backed by very large firms who dabbled at this stage,” said Elizabeth Yin, a general partner and co-founder at pre-seed-focused Hustle Fund.
“An extra $200,000 or $500,000 wouldn’t make a dent in a billion-dollar fund even if it went horribly.”
Rebecca Szkutak interviewed Yin and Kirby Winfie

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