Decentralized Social

Check: No current check size or active angel mandate is verified. Scalar Capital stopped deploying new capital in September 2023 and moved into maintenance mode; Linda continued supporting its existing portfolio while transitioning back to building.

Historical Scalar lens, not a current investment mandate: back genuinely new crypto systems where decentralization or censorship resistance is essential, people have a real reason to use the product, and an open-source project's durable moat comes from community, specialized knowledge and execution. Her later builder work extends that logic to permissionless social graphs, embedded wallets and mini apps that give users ownership and developers distribution without platform gatekeepers.

CoinFund

Check: Personal check size is not publicly disclosed. CoinFund invests from pre-seed through Series A and in liquid digital assets across multiple strategies.

Evan applies fundamental-investing discipline to both venture and liquid crypto: identify the metrics that genuinely drive an asset, forecast them, define thesis-invalidation points in advance, and pressure-test assumptions through an authentic external network. He looks beyond equity-style valuation heuristics to community, network effects, token demand, distribution, and the new product surface enabled by open onchain economies.