I’ve got Kyle Samani back for his third appearance on Panic with Friends. As unusual, Kyle does a fantastic job of breaking down crypto with compelling use cases that will leave you with a better understanding of where we’ve been and where the promise of Web3 will take us. I’ve been a personal LP in his fund since it started in 2017, with positive results even through the brutal Crypto Winter of 2018/19. This episode piggybacks last weeks episode with Tushar Jain, Kyle’s co-founder at Multicoin Capital. Listen to them both. You’ll walk away realizing the inevitability of Web3 and where the major trends in technology are developing.
Guest - Kyle Samani, Co-Founder and Managing Partner of Multicoin Capital
Multicoin Summit Keynote
howardlindzon.com, multicoin.capital
Twitter: @howardlindzon, @PanicwFriends, @kylesamani, @multicoincap, @knutjensen
linkedin.com/in/kylesamani
#fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
- (00:37) – Intro
- (03:38) – The biggest change from the multitude of crypto pullbacks
- (04:45) – Growth and estimates of individual crypto holders
- (05:30) – Changes in how people access information
- (07:48) – Trading platforms are a commodity
- (09:23) – The 'flippening' from stocks to crypto
- (10:27) – Composability explained
- (13:45) – Building higher order apps on top of existing things
- (16:11) – Importance of latency and throughput
- (17:45) – Accelerating the adoption of sovereign software
- (19:54) – How things are different now
- (23:04) – The case for compute (Render)
- (28:20) – Designing a token system that captures value
- (32:07) – Fleshing out the Web3 infrastructure
- (32:17) – Defining Web3
- (34:25) – Web3 compliments Web2
- (35:41) – Understanding competing blockchains
- (38:47) – Binance, FTX, and Coinbase
- (43:46) – Closing thoughts
