The startup world celebrates stories of founders who scratch and claw for years and, finally, become multimillionaires when the business they built goes public or is acquired. These tales of wealth are common in crypto, too—though the path to a big payday is often much shorter.
Case in point: Bam Azizi founded crypto payments firm Mesh in 2020, and this year raised $82 million in a so-called Series B funding round. In the ordinary course of things, capital raised in a Series A or Series B round goes almost entirely to fund a startup’s growth. But in this case, the round included at least $20 million for Azizi himself.
