alexis ohanian joins me now to talk about that and more.ld not get that extra $26 million to make it a round number? alexis: you're are giving me a hard time here. it has been a good first year. this gives us something to push for in year two. emily: where do you see the biggest opportunities to deploy all that cash? alexis: early stage is still the bread and butter, but we are seeing huge opportunities from companies. sector-wise, i have been on the web3 train for a while. in the last two years, it has gone to another level. i have just seen too many talented builders now moving into the space. i think we will see interesting innovation to come for the next five years, in particular in this space. we are not totally focused on food tech, climate tech, but the builders are paving the way toward all things crypto these days. emily: vc's are also pouring a lot of money into crypto. i wonder, is all this money chasing the same startups? could that lead to inflated valuations? alexis: this is why i love being one of the first round investors. i

alexis ohanian's venture-capital raising $500 million to invest in startups. $32 billion after a raisem investors including softbank lots of money in the private market, carl >>> meantime, as money pours into crypto and web 3, the metaverse seeing massive inflows of capital robert frank has a laook at how people are investing in virtual real estate, robert? >> good morning, carl. facebook's meta announcement sparking a land grab in the metaverse. topping $500 million last year nearly half of that came right after facebook's october announcement sales in january still holding strong at over $86 million start-ups, big brands all pouring money into this space. the first metaverse mortgage was actually just completed over the weekend. luxury real estate brokers sold millions of dollars of real real estate they're now teaming up with republic realm for the metaverse. they say younger investors especially see the value >> if i were you, i'd want someone on my side that's going to advise me and make sure i buy something that is quality and is going to appreciate. we can do that for people jus