• Due diligence is an issue in the venture capital space, but crypto offers a potential solution in the form of a public and immutable ledger.
• John Lo, managing partner of Recharge Capital, has urged crypto venture capitalists to trust the chain and use on-chain data to perform thorough diligence.
• He also predicts that on-chain businesses may be wrapped into NFTs and sold, optimizing M&A processes.

Venture capital is a form of investment that is often necessary for businesses to grow and succeed, but it is not without its risks. One of the biggest risks is due diligence, which involves verifying the finances, operations, and other factors of a business before investing. This is especially true in the crypto space, where trust is a major factor in any investment decision.

John Lo, managing partner of Recharge Capital, has commented on the issue of venture capital due diligence in the crypto space. He has argued that crypto provides a potential solution in the form of a public and immutable ledger. This means that investors can have a certain level of trust in the data they are seeing, making it easier to make informed decisions.

Lo has urged crypto venture capitalists to trust the chain and use on-chain data to perform thorough due diligence. He believes that better tools for analyzing on-chain data will become available, and that entire on-chain businesses may even be wrapped into NFTs and sold in order to optimize the M&A process.

The importance of due diligence in the venture capital space cannot be overstated. It is essential that investors make sure that their money is being invested in a safe and secure way, and that they are getting the best returns possible. By trusting the chain and using on-chain data to perform due diligence, investors can have more confidence in their decisions and be better able to protect their investments.