Investing in a Portfolio, Is It Guaranteed to Work?

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Riht: We have a portfolio, and i think when we make an investment, we say, if this goes right, could it be, as you said, ten x plus? Riht: The structure of that deal is wild. There's a new coin called ape coin. It's controlled by a doo. You have, you got a bunch of the coin, like 15 % to sters. They ownt that you collapse on 25%. That is just a very complicated deal structure to me. At the end of the day, you enter up with a bunch of tokens tat are going to increase in value right away. Does that feel like you're already having a

Chris Dixon leads crypto investing at the storied Silicon Valley venture capital firm Andreessen Horowitz, or a16z. He’s responsible for leading funding rounds for Coinbase, which went public about a year ago, the NFT marketplace OpenSea, and Yuga Labs, which is behind the Bored Ape Yacht Club among others. He is also a prolific user of Twitter, where he posts lengthy threads about crypto and web3. He is at once one of the biggest investors in the space, and its biggest booster.

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https://www.theverge.com/e/22784768

Credits:

Decoder is a production of The Verge, and part of the Vox Media Podcast Network.

Today’s episode was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright.

The Decoder music is by Breakmaster Cylinder. Our Sr Audio Director is Andrew Marino and our Executive Producer is Eleanor Donovan.