Anarea: I'm doing a lot of stuff in elay related to web three. One idea i'm really excited about is what we call decentralized content creation, decentralized story telling. Ind lislapato will kill me if i don't ask you about the investment into golabs and board a yacht club. You invested 450 million into ugolabs. We didn't. That was the total round. Let us use four or 50. That's all the investors. For the standard sort of venture model,. You want ten to 30 extra turns for a hit. That implies that you're going to get 4-5 billion dollars back. What do you see that generates that valuation when
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.
Links
Decoder is nominated for a Webby. Vote!
1000 True Fans
My first impressions of web3
A comprehensive breakdown of the Epic v. Apple ruling
SEC v Howey Co.
Transcript
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.
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