The ability to walk away with your capital is a very, very strong redemption. It kind of keeps everybody in check. And it's a great vote of no confidence. If somebody wants to do something that is which a member considered unethical or stupid or inadvisable, they can say, well, what am i doing with this group?
First, Jason analyzes Rivian's IPO and gives his thoughts on the current valuation (2:05). Then, Aaron Wright from OpenLaw joins (22:13) to discuss Decentralized Autonomous Organizations (DAOs). At OpenLaw Aaron has helped launch 9 DAOs by providing legal structure, tooling and infrastructure. They talk digital contracts, why Aaron thinks DAOs are better for investment decisions and more!