The first employee of Coinbase, Olaf Carlson-Wee, has left the company to start a cryptocurrency hedge fund called Polychain capital. Here is an excerpt from the Coindesk article:
In interview, Carlson-Wee asserted that, owing to the poor returns shown by VCs so far in the industry, investors are better off investing in bitcoin, ethereum, steem, as well as projects like The DAO.
He also happens to be someone who has been living on Bitcoin for three years. It's great to see more Bitcoin people start to recognize Steem and Bitcoin alternatives.