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6MV founder: Multicoin's performance report shows that the fund has achieved a return of 18.6 times since 2022

6MV founder: Multicoin's performance report shows that the fund has achieved a return of 18.6 times since 2022

CointimeCointime2024/12/28 08:33
By:Cointime

Mike Dudas, founder of 6th Man Ventures and former founder of The Block, stated on X that he recently saw the performance report of Multicoin's fund, which has achieved a return of 18.6 times since the market hit bottom in 2022. A user inquired about how much of the return figure represents realized profits/current status, and how much is yet to be realized/locked in status. Dudas stated that this is a sub liquid fund, and only a very small portion of assets have poor liquidity. He was also very surprised when he saw this report. In addition, some users inquired about the composition of the fund's holdings, and Dudas disclosed that SOL is the core component, but there are also some Solana ecological tokens and other tokens in addition.

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