# kaal:claim:2939127-021

**Claim.** Venture capital investment in blockchain startups has grown exponentially since 2012, which the authors read as an indicator of the technology's commercial maturity.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- VC investment in blockchain startups, 2007 to 2016

**Source quote.**

> Figure 2 shows that venture capital (VC) investment in startup companies that utilize blockchain technology has increased exponentially since 2012.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, *Legal Education in the Blockchain Revolution* (2017), III.3. Disruptive Innovation, page 27

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127

**Verify.** sha256 of source PDF `abcef529c7200261c59eec43018375b3b26e3186239fb9d002bacc298dba26ff` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202017%20-%20Legal%20Education%20in%20the%20Blockchain%20Revolution.pdf

**Topics.** blockchain, innovation

**Keywords.** blockchain, venture-capital, commercial-maturity, investment

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/3409548-012

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.