haun ventures. what was the spark that lit the fire? katiewhat i set out to do was to continue to invest in this speaker system that i think is so broad that the decision was very personal -- purposeful and the timing was purposeful. we have series a and series b and an acceleration fund, which is a growth fund. it is later stage, it might be quicker: -- crypto public. certain tokens were set up to participate in the state. there are several crypto unicorns. they have become competitive. even though crypto has had ups and downs of other people in the last cycles have seen venture style returns that can be had in crypto. you had a lot of new funds enter the space, and that has driven up competition. emily: what differentiates haun ventures from all of these other crypto funds or other traditional funds? katie: a lot of traditional venture capital funds have crypto funds. it used to be a designation like are you an ria? it is not enough to be just an ria? that is a regulatory designation. do you live and breathe crypto? are you part of the comm

ed: that was katie haun with bloomberg technology emily chang.ut more of that conversation tonight at 7:30 p.m. eastern and 4:30 p.m. here on bloomberg. one company focusing on the hiring getting $60 million. i will chat with the ceo of workstream about the digitization of recruitment in the labor market. this is bloomberg. ♪ ed: workstream, a texting based hiring platform working with big brands like mcdonald's, just raised $60 million in fresh capital to help it expand to more industries that are employing hourly workers. let's get right to workstream cofounder and ceo, desmond lynn. how does workstream work? desmond: we are a texting based hiring software that helps hourly workers work faster. in trying to work with focusing on phone. we have been able to help them higher faster. ed: talk to me about the kind of circumstances that workers themselves, who you hope to hire to your platform, operate in. what kind of workers are they and will and what industries -- and in what industries? desmond: we all work with more than 4000 customers from dai