"Turpentine VC" | Venture Capital and Investing  cover image

E4: Sam Lessin on Why the Seed & “Factory System” Era of Venture is Dead

"Turpentine VC" | Venture Capital and Investing

CHAPTER

The Impact of AI, VR, and Crypto on Incumbents and the Banking Industry

The chapter explores the potential effects of AI, VR, and crypto on incumbents and the banking industry. It discusses the high cost of participating in the Metaverse, different models of finance for investing in creators, and the advantages of aligning with creators for financing their experiments.

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