L1 vs L2 Tradeoffs and Developer Friction

Join Tommy Shaughnessy in San Francisco for the first podcast from the new Coliseum office. In this episode, Clay Robbins, Co-Founder of Coliseum, discusses how his team manages the world's largest online hackathons and why they chose to double down on the Solana ecosystem.They dive into the mechanics of sourcing 80,000 builders, the transition from remote to a massive in-person accelerator, and the shift from an infrastructure-focused crypto world to a new era of diverse consumer applications. From sub-3-hour marathons to "grenade" interview questions, Clay reveals what it truly takes to survive and win in the arena.🎯 Key Highlights▸The Numbers of Coliseum▸Clay shares the endurance training secrets that helped him clock a sub3-hour marathon in both Oakland and New York.▸How Coliseum distills 2,000+ global submissions down to a cohort of 10–15 elite investments.▸Why Coliseum moved from all-remote batches to a 75-desk physical hub in San Francisco.▸Why Clay believes Solana’s performance is the only viable infrastructure for the coming "application era".▸Why the Coliseum team now over-indexes on high-agency founders.▸The 15-minute "pressure test" interview used to suss out a founder’s conviction and humility.▸A new funding vehicle designed for companies launching on MetaDAO.▸A look at grand prize winners like Unruggable and Ore.💡 Want to stay updated with the latest in crypto & AI? Hit subscribe and the notification bell! 🔔🧠 Follow the Alpha▸ Clay's Twitter: @clayrobbins ▸ Coliseum's Twitter: ‪@Colosseum‬ 🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter:   / delphi_digital  💼 LinkedIn:   / delphi-digital  🎧 Listen onSpotify: https://open.spotify.com/show/62PR1Ri...Apple Podcasts: https://podcasts.apple.com/us/podcast...Youtube:    / @delphi_digital  Timestamps00:00 — Welcome to San Francisco: The first podcast from Coliseum’s new office.01:50 — Endurance Sports: Running sub-3 marathons and the Sam Lessin challenge.03:10 — What is Coliseum? Sourcing differentiation through global online hackathons.06:00 — Scaling the Funnel: Triage tools and the rote work of reviewing 2,000 projects.09:50 — The Cultural Zeitgeist: Naming hackathons like Cypherpunk and Breakout.11:30 — Why San Francisco? Overcoming the isolation of remote building.14:30 — Solana vs. L2s: Technical overhead, counterparty risk, and cultural kernels.21:00 — Emerging Themes: From DePIN and DeFi to prediction markets and stablecoins.23:40 — The Future of Payments: AI agents, X402 standards, and seamless commerce.27:30 — Venture as Art: Transitioning from idea-indexing to individual-indexing.33:30 — Partnership Dynamics: The specific roles of Matty Taylor, Nate Levine, and Clay.37:00 — Learnings from Slow Ventures: The 10x case vs. the 100x case.46:30 — 15-Minute Interviews: Why jumping straight to the "important three questions" beats small talk.51:30 — Success Stories: How Ore nearly broke Solana and landed on a high-revenue consumer model.53:30 — MetaDAO and Futarchy: Decision markets, token holder rights, and CEO accountability.59:30 — The STAMP Mechanism: A compliment to dilutive capital and the Safe.01:03:00 — The story of a 4-time hackathon participant winning the grand prize.01:06:30 — How to start building on Coliseum today.DisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.