The Future of Early-Stage Blockchain Investing
Public Key
Investing in Blockchain Startups
The chapter explores the process of early-stage blockchain investing, focusing on the criteria for selecting companies to invest in. The speakers emphasize the importance of passionate founders addressing significant problems, rather than solely focusing on metrics. They also discuss the potential future ubiquity of blockchain technology and the importance of forming long-term relationships with entrepreneurs.
“We invest in two people and an idea” is not a statement we heard much during the downturn in the crypto market, but in this episode, Ian Andrews (CMO, Chainalysis) speaks with Alon Goren (Founding Partner, Draper Goren Blockchain) explains why him, Tim Draper and their partners are bullish on web3 projects even without product market fit and sometimes even without a product.
Alon talks about the launch of their new venture studio and the exciting opportunities in the current blockchain and crypto market, especially their passion for early-stage investing and the importance of finding founders who are truly passionate and dedicated to their ideas.
He also highlights two companies in their portfolio, LunarCrush and Ownera, that are making waves in the industry from social media analysis on markets and bringing interoperability to the emerging real world asset tokenization market.
They also discuss the potential of blockchain technology to revolutionize various traditional industries, the accredited investor rules in the USA and how it creates a more decentralized and inclusive financial system.
- (2:15) - Reasons for launching a blockchain venture studio during current market conditions
- (4:40) - Focus on early-stage companies and finding truly passionate founders
- (12:30) - Adding value as an investor and passion about decentralization
- (20:16) - Challenging the accredited investor rule and its place in the modern era
- (25:13) - Involvement in Lunar Crush and their unique approach to analyzing social sentiment in crypto
- (32:21) - Discussions about Ownera and its role in interoperability in tokenization
Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.
- DGB Website: Draper Goren Blockchain: Your partners for the decentralized future.
- LunarCrush Website: Social media impacts markets: Gain an edge with access to real-time social and market data.
- Ownera Website Interoperability, Distribution & Liquidity for the Global Tokenization Market
- DGB Portfolio Companies: Including Companies: Aivre, Hypermarket, Poser, Xoop and many more
- Press Release: Draper Goren Blockchain Launches New Venture Studio & General Partnership to Accelerate and Incubate Web3 Startups
- Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - New Training Sessions Added
- Blog: Ransomware Payments Exceed $1 Billion in 2023, Hitting Record High After 2022 Decline
- YouTube: Chainalysis YouTube page
- Twitter: Chainalysis Twitter: Building trust in blockchain
- Tik Tok: Building trust in #blockchains among people, businesses, and governments.
- Telegram: Chainalysis on Telegram
- Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)
- Alon Goren (Founding Partner, Draper Goren Blockchain)
This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.
Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.
Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.
Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.
The AI-powered Podcast Player
