Odd Lots Paradigm’s Matt Huang on the Biggest Crypto Fund Ever Raised
Dec 2, 2021
Matt Huang, co-founder of Paradigm, dives into the cryptocurrency universe, announcing a groundbreaking $2.5 billion fund, the largest of its kind. He discusses Paradigm's unique approach to investing and the rapid evolution of crypto, especially its potential to bolster financial stability in developing regions. Huang also shares insights on navigating the complex venture capital landscape in crypto, addressing the critical role of technical expertise and the challenges posed by market saturation. Expect a deep dive into the future of decentralized finance and innovative investment strategies!
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Paradigm's Reputation
- Paradigm, a crypto investment firm, is highly respected in the crypto community.
- It was co-founded by Matt Huang and Fred Ehrsam, the co-founder of Coinbase.
Paradigm's Origin
- Paradigm was founded in 2018 during a crypto downturn.
- It originated from a shared conviction in crypto's potential and a desire for a more technically native investment firm.
Crypto's Disruption
- Crypto is disrupting finance in stages: digital money (Bitcoin), decentralized finance (DeFi), and now broader internet applications (NFTs, gaming).
- DeFi's strength lies in encoding trustless rules, similar to strong property rights in traditional economies.