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just saw that Multicoin Capital promoted Spencer Applebaum and Shayon Sengupta to General Partners, so they're co-leading the VC side now. pretty solid move honestly - Applebaum's been there like 8+ years and Shayon Sengupta's put in 5+ years, so they've basically built out a lot of what Multicoin does at this point. makes sense to give them the top spot if they've been driving the strategy all along. curious what this means for their deal flow and whether they'll shift the fund's focus at all. Shayon Sengupta especially seems to have been pretty hands-on from what I've seen. anyway, another big reshuffle in crypto VC - these promotions usually signal the firm's confident in their direction