In this episode, Jahed and Martin sit down with Dermot O'Riordan, a Partner at Eden Block who is focused on supporting and building what they refer to as the new Open Internet. In the course of the conversation, we dive into how new, efficient markets in compute, machine learning, and other sectors of technology can actually democratize access to the services that result from innovation in web3, the role of culture in company building and innovation, and the role that DAOs can play in spurring organizational innovation. This episode will be of particular interest to new founders looking to organize their companies in a decentralized fashion, as well as those trying to understand the implications of blockchains for more functional, efficient markets.

Show Notes:

• ​​Culture eats capital for breakfast 
• Investment Thesis for Gensyn
• Pocket Network Investment Thesis
• Understanding “New Power”
• Episode 001 - Cryptoeconomics, Economic Democracy, and Networked Governance in Web3 with Nathan Schneider by The Ownership Economy
• Episode 006 - Worker Ownership and the future of the “Gig Economy” with Jason Prado of the Driver's Cooperative
• Sociocracy 3.0