Matrix Partners, long an investor in software infrastructure, has some questions about web3

Antonio Rodriguez, who joined Matrix in 2005 after a company he’d founded — that Matrix backed — was sold to Hewlett-Packard, talked with us last week about Matrix’s biggest fund in roughly 20 years, an $800 million vehicle that the firm closed in June and is announcing for the first time now.
It’s a lot of capital for the firm, which, like Benchmark, has been consistent over the years about maintaining comparatively smaller funds, even while many other venture firms have doubled, tripled — even quintupled — their assets under management. (Like Benchma

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