Products that came at the king and did not miss
CashApp -> Venmo
Ramp -> Brex
Visual Studio Code -> Atom
Figma -> Sketch
Charles Yoo-Naut (🌧️,🌧️)
8,078 posts
Charles Yoo-Naut (🌧️,🌧️)
@cnaut
co-founder @raincards - building the blockchain-based card issuing and stablecoin interoperability platform
- I recently closed my 10th direct startup investment in the last 10 months $10k to $25k check sizes 10 raised on SAFE notes 9 pre-seed/1 seed 8 teams I had never met in person 6 investments from personal funds 4 investments from @lightspeedvp scout fund 2 have raised next rounds
- Finished up our annual walk from the top of Manhattan to the bottom. Great way to explore parts of the city you don't usually get to see
- When we started Rain four years ago, it wasn’t obvious how transformative stablecoins would be for global financial rails. By the time we raised our Series A a few months ago, it was clear that 2025 would be a breakout year but even we were surprised by the growth and demandThe forecast? Heavy Rain. ☔️ We’ve raised $58M in Series B funding—led by @SapphireVC with support from @dragonfly_xyz, @galaxyhq, @SamsungNext, @lightspeedvp, @NorwestVP & Endeavor Catalyst. Thanks to our team, partners, and investors for helping us rebuild global payments
00:00lnkd.inLinkedInThis link will take you to a page that’s not on LinkedIn - We are still in the early days of stablecoin adoption so we are excited for this new capital to continue accelerating our mission and providing frictionless payments globally. Grateful for our investors who believe in our vision and are on this journey with us.Excited to announce $24.5M in new funding for Rain led by @NorwestVP with participation from new investors @galaxyhq, @CompoSecure, Goldcrest, Vinyl, @BDMIFund, @LatitudeCapital, Thayer and @_hardyaka, and existing investors @lightspeedvp, @cbventures, and @CanonicalCrypto.
- Rain is about more than just making stablecoins spendable. It’s about rebuilding the existing financial infrastructure piece by piece, using modern rails that are more global, open, and efficient. That’s why I’m excited to share what we’ve been working on with @Visa .Startups building the future of finance need faster, more efficient payment rails. Rain is partnering with @Visa to settle fully onchain — unlocking 24/7 USDC settlement and tokenized credit receivables. This sets a new standard for payments in the digital asset economy.
- Closed on acquiring a small Shopify plugin through @microacquire. And with that my micro PE career begins
- Glad to have Galaxy Ventures doubling down this round and continue backing usRain, a Galaxy Ventures portfolio company, has raised $58M in Series B to expand its enterprise-grade stablecoin infrastructure. With 10x growth in 2025, @raincards now powers payments for 1.5B+ people through a single integration.
- Finally sharing what we've been working on with Rain: the corporate card built from the ground up for all the amazing Web3 teams working on the future of finance, decentralization, the metaverse, and art!We are excited to announce Rain: the corporate card built for Web3 teams! We have raised $6 million led by @lightspeedvp along with @NorwestVP @alliancedao @circlepay @terra_money Mischief Fund @coinbase @khoslaventures @Uniswap Canonical Crypto mirror.xyz/rainxyz.eth/YW…
- I found my note from 2019 on why I decided to leave the Bay Area
- We are excited to be working with @HadickM and the @dragonfly_xyz team! I've held back from saying this publicly but besides @mgiampapa1, Rob is the best crypto VC investing in stabelcoins right now so we are glad to have him in our corner.Stablecoins are reinventing global commerce and money movement, but broadening their use outside of core crypto native use cases requires the ability for stablecoins to interact directly with at least some of the current payments infrastructure. Rain is the single company at the
