News

July 27, 2023

World’s most active Web3 investor lays off 'roughly 20%' of staff

Outlier Ventures’s layoffs come as Web3 funding has dropped significantly

Eleanor Warnock

2 min read

The world’s most active Web3 investor and accelerator, London-based Outlier Ventures, has laid off roughly 20% of its staff, according to three people with knowledge of the decision, another sign of fading enthusiasm for the once-hyped sector. 

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Eleanor Warnock

Eleanor Warnock is an advisor to VC firm Bek Ventures, and writes a newsletter on tech and writing. She was previously Sifted’s deputy editor. Find her on X and LinkedIn

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