95 - How Kevin Rose Invests in Web3

12 snips

Dec 6, 2021

Kevin Rose, a pioneering internet entrepreneur and partner at True Ventures, dives into his experiences transitioning from founding Digg to investing in Web3. He emphasizes the significance of community in this new landscape and discusses the blending of creativity with culture. Kevin shares his conviction about long-term NFT investments, the necessity of innovation, and the evolving relationship between artists and investors. He also explores the revolutionary potential of decentralized finance and the metaverse, highlighting the importance of self-sovereignty in the digital age.

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ANECDOTE

Digg: Ryan's Introduction to Web2

Ryan Sean Adams learned about Web2 through Digg, founded by Kevin Rose.
Digg was a news aggregator where users could upvote or downvote content to create a community-curated front page.

INSIGHT

Web3: Fulfilling Web2's Promise

Kevin Rose believes Web3 delivers on the promise of Web2 by truly empowering individuals.
Web3 enables community ownership, resource organization, and bottoms-up product building.

INSIGHT

Community-Driven Brands

Kevin Rose suggests the future of brands will be community-driven.
He cites Bored Apes and Cool Cats as examples of successful bottoms-up brand building.

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Kevin Rose is a veteran of internet growth. Kevin founded digg, the news aggregator site that pioneered community-curated content in the early days of Web2. With a macro perspective of all things digital, Kevin has thrived as a builder and investor on the cutting edge of the internet.

His experience allowed him to understand the role of community and has played a key role in his transition from investing in technology to investing in culture and artists. Seeing creativity blossom has fostered Kevin’s conviction and confidence in the space, and when Kevin speaks, the digital world of today and tomorrow becomes crystal clear.

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------ Topics Covered:

0:00 Intro 5:00 Kevin Rose and Digg 10:23 What About Web3? 14:53 Blending not Competing 23:25 A Hybrid Approach 26:53 Crypto & The Inevitable 34:04 Confidence & Conviction 38:15 NFTs for the Long Term 48:56 Backing Artists 55:54 Self Sovereign Industries 59:49 Interactive Utility 1:08:09 Experimenting & Innovating 1:12:30 Tokens and Content 1:16:30 Getting Exposure 1:20:20 This is the Metaverse 1:27:36 Rapid Fire Questions 1:39:12 What’s Next For Kevin? 1:43:00 Closing & Disclaimers

------ Resources:

Kevin on Twitter: https://twitter.com/kevinrose?s=20

Proof Podcast: https://www.proof.xyz/

Tom Sachs Rocket Factory: https://tomsachsrocketfactory.com/

Ultra Scalable Ethereum: https://youtu.be/xjxyjgWiqLE

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.

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