Empire Investing in Crypto's Next App Wave with 6th Man Ventures | Mike Dudas & Carl Vogel
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Dec 23, 2024 
Mike Dudas and Carl Vogel, Co-founders of 6th Man Ventures, bring deep expertise in media and engineering to the crypto venture landscape. They discuss their investment strategies for 2025, covering hot topics like token economies, AI, and decentralized infrastructure. The duo shares their contrarian views on meme coin investments, signaling a shift in traditional funding models. They also unpack the intersection of social media and finance, emphasizing emerging trends in community tokens and the evolving role of companies like Coinbase.
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Adapting to Smaller Capital Requirements
- Embrace smaller, more adaptable funds, given the decreased capital needs of new projects.
- Focus on private investments or public token purchases if you lead a smaller fund.
VCs as Founders
- Venture capitalists in crypto, particularly early adopters, act like founders by taking contrarian bets.
- They raise capital, tell a compelling story, and deploy funds into often unconventional projects.
Staying Lean and Agile
- Maintain a lean team structure and minimize bureaucracy to enable rapid decision-making.
- Operating with a startup mentality is crucial for success in the fast-paced crypto VC world.