Another Failed Silicon Valley Exec Gets a Crypto Project

Lucas Duplan, who founded Clinkle and made it into an object lesson in Silicon Valley overhype, is plotting a return. He has raised money from his family and outside investors for a venture fund focused on backing enterprise-software startups, WIRED has learned. The fund will operate out of New York and has backed at least two companies in which Duplan is involved. One of those companies is a cryptocurrency project focused on employee rewards called Universal Recognition Token (URT).
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Lucas Duplan, who founded Clinkle and made it into an object lesson in Silicon Valley overhype, is plotting a return. He has raised money from his family and outside investors for a venture fund focused on backing enterprise-software startups, WIRED has learned. The fund will operate out of New York and has backed at least two companies in which Duplan is involved. One of those companies is a cryptocurrency project focused on employee rewards called Universal Recognition Token (URT).

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