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In a Wall Street Journal exclusive article, Haun Ventures reveals their hire of a private-equity veteran, Suzanne Kim, to handle investor relations. 
According to the <a href="https://www.wsj.com/articles/crypto-focused-haun-ventures-hires-private-equity-veteran-e33eeff7" data-type="link" data-id="https://www.wsj.com/articles/crypto-focused-haun-ventures-hires-private-equity-veteran-e33eeff7" target="_blank" rel="noopener noreferrer nofollow">report</a>, this action shows how firms try to communicate with their investors about the changing crypto landscape. 
Suzanne Kim’s previous experience includes working in private equity for 15 years as a managing director at Hellman &amp; Friedman, an American private equity firm, and a vice president at TPG Capital, a leader in alternative assets. 
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In her new role, Suzanne will join Haun Ventures, the firm that supports teams building in web3, with investments ranging from $500 million early stage funds to $1 billion in acceleration funds and is led by Founder and CEO Katie Haun. 
Last June, the firm made headlines when it led a $10 million seed round for the web3 gaming studio,&nbsp;<a href="https://fortune.com/crypto/2023/06/06/haun-ventures-leads-10-million-funding-round-for-web3-gaming-startup-argus-labs/" target="_blank" rel="noopener noreferrer nofollow">Argus</a>.&nbsp; 
<h2 class="wp-block-heading" id="crypto-investments-in-2023">Crypto investments in 2023</h2> 
During the bull run, crypto investments paid off as the underlying digital assets surged. However, in early 2022, Terra and FTX collapsed, and cryptocurrencies took a free fall, dropping the total crypto market cap by as much as 70%. 
Unfortunately, Reuters reports these scars&nbsp;<a href="https://www.reuters.com/technology/cryptoverse-venture-capital-still-haunted-by-crypto-chaos-2023-09-05/" target="_blank" rel="noopener noreferrer nofollow">run deep</a> for venture capital firms, with VC crypto firms seeing investments go down by almost three-quarters from a year ago. 
The resulting decision from Haun Ventures to welcome a private equity expert suggests a shift in strategy that might help carry the firm to the next bull run. 
 Read more: <a href="https://crypto.news/sec-faces-criticism-from-five-investment-firms-over-custody-rule-proposal/" rel="noopener noreferrer nofollow"> SEC faces criticism from five investment firms over custody rule proposal </a>

Crypto-focused Haun Ventures hires private-equity top manager

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