Tushar Jain of Multicoin on Crypto: Sovereign Software, Surviving a Brutal Winter and Seeing Through the Fog (EP.191)

I’m really excited to have special guest Tushar Jain on the pod. He’s the co-founder and managing partner of Multicoin. We talk about the current crypto market, what it was like in the 2018/19 bear market, and what we can expect with crypto/web3 on a 2 to 5 year time horizon. We discuss The Graph, Helium, and Render. We’re still at the beginning with crypto, which means volatility is here now, but the future is out there; we’ve been in a blackberry moment, web3’s iPhone moment is coming. This tech bear market we’re in right now may be the catalyst that gets people focused on the next big thing. 

Guest - Tushar Jain, Co-Founder and Managing Partner of Multicoin 

howardlindzon.com, multicoin.capital 

Twitter: @howardlindzon, @PanicwFriends, @TusharJain_, @multicoincap, @knutjensen 

linkedin.com/in/tjain251 

#fintech #invest #investment #venturecapital #stockmarket #finance 

Show Notes: 

• (00:37) - Intro
• (02:21) - Schmuck insurance
• (05:30) - Accelerating the adoption of sovereign software
• (07:28) - Ethereum - First big aha moment
• (10:02) - Starting an investment firm
• (14:41) - Timing crypto tops and bottoms
• (16:58) - Betting on The Graph
• (24:55) - Defining web3
• (25:28) - Censorship resistant, neutral, permissionless
• (25:44) - No toll, no excess rents
• (27:12) - Your private key is the most important thing
• (29:37) - The Helium business model for deploying networks
• (40:04) - Everyone's trying to build the smartphone equivalent of web3
• (40:35) - A clear vision for crypto 
• (43:24) - Excited about UXD
• (44:56) - Semiconductors, Mining, and Compute
• (47:00) - Closing thoughts