This is a segment from the Empire newsletter. To read full editions, subscribe.

“I’m always trying to figure out where the puck is going,” Pantera’s Paul Veradittakit told me. 

It’s a key part of how Veradittakit determines whether or not he’s interested in investing time and, of course, money into a project. 

Veradittakit’s been around the industry for over a decade. If he hadn’t joined Pantera, he might have been one of the first employees at Coinbase. Instead, he and Pantera founder Dan Morehead decided to invest in companies that were building like Coinbase in other parts of the world. 

Veradittakit said Pantera’s invested in 22 unicorns, with…

Read more on Blockworks