

Race Capital, Crypto Investing, and FTX + Solana’s Early Days
Jan 27, 2022
Chris McCann and Edith Yeung, partners at Race Capital, dive into their remarkable journey as early investors in Solana and FTX, calling it one of history’s best venture deals. They share insights from the tumultuous world of crypto through personal narratives and discuss significant milestones in their careers. The conversation touches on the evolution of cryptocurrency investments, the challenges faced during market downturns, and their innovative strategies for identifying promising projects in the ever-shifting landscape.
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Chance Encounter in Lisbon
- Ben Gilbert met Chris McCann and Edith Yeung separately in Lisbon.
- This was a coincidence as they were at different events but highlighted their involvement in the crypto space.
Startup Digest's Growth
- Chris McCann's Startup Digest, a tech event newsletter, grew to 1M subscribers before Techstars acquired it.
- This exposed him to the early tech ecosystem globally, similar to Web3's current feel.
Early Web2 vs. Web3
- Ben Gilbert describes the early Web2 startup scene as collaborative and full of opportunity.
- This was before large tech companies dominated, reminding him of the current Web3 environment.