
Good morning, Jeff John Roberts here. Happy Star Wars Day to those who celebrate. The venture capital crowd, in my experience, is not shy when it comes to telling their story to the media. So it was a surprise to encounter Ethereal Ventures, a firm that has been around since 2021, but has chosen to refrain from doing press until now. I recently spoke with Min Teo, who started the firm along with billionaire and Ethereum cofounder Joe Lubin, and here is what she had to say.
Teo, who cut her teeth in private equity and with the pension giant CPP Investments, joined the Ethereum shop Consensys in 2018 to help run its investment arm. Like so much of crypto, Consensys had a chaotic reputation, but in time, Teo was able to bring order to its investing process, and helped spin out Ethereal in 2021.