Placeholder is a venture capital partnership co-founded by Joel Monegro and Chris Burniske that invests in blockchain protocols and applications. Placeholder's Twitter Score is 254 out of 1000 (an Excellent rating) as of August 2026, ranking #1,484 (top 0.5%) among 483,944 tracked accounts.
Placeholder was co-founded by Joel Monegro and Chris Burniske and incorporated in 2017, with its first fund closing later that same year. The firm's core thesis centers on sovereign networks built on open-source protocols, and its stated investment approach covers both teams and networks, with a preference for equity paired with a right to tokens. Placeholder is backed by Andreessen Horowitz, ARK Invest, and Union Square Ventures.
Placeholder says that since its founding it has invested in over 75 early-stage companies and networks. Placeholder's portfolio includes USV, Agoric, ZKsync, Radicle, Zerion, UMA, Api3 and Balancer. The firm maintains an active research blog, with publications continuing into 2025, led by Mario Laul as Head of Research and Gurnoor Singh Narula as a research analyst on the investment team. Brad Burnham serves as a venture partner. Placeholder has published 89 posts and has 29,136 followers as of August 2026 on the platform. Placeholder has been mentioned by 264 accounts, with 533 total mentions.
Who follows Placeholder on X?
Placeholder draws a concentrated audience from across the crypto and venture ecosystem. The accounts that follow Placeholder include 1,113 founders, 347 angel investors, 315 influencers and 56 VCs. Among them are Ansem, Laura Shin, Stani, Chris Burniske, Kyle Samani and Fred Ehrsam.