Earlier today, TSFV announced our latest investment: Story Protocol. In short, Story Protocol is “Git for creative IP.” We backed the founders in late 2022, when the company was operating in stealth mode. Now, we’re committing additional funding in Story Protocol’s latest round, led by Andreessen Horowitz. So far, the company raised over US$54 million in funding. 

Being part of the founding team of Wattpad – the world’s largest storytelling platform – the Two Small Fish Ventures team is especially excited about Story Protocol and what it means for creators and the industry as a whole. The internet is a co-creation and remixing machine, and this trend will be supercharged by Generative AI. Story Procol is building the core infrastructure for this era.

On a more personal note, I am also super excited to work with its co-founder Seung-yoon Lee. We know S.Y. Lee well from our Wattpad days, as he was the co-founder and CEO of Radish, a direct Wattpad competitor. Although we were once competitors, we’re now partners ready to usher in a new era for IP together. 

Please read Brandon’s blog post for more details.