Chris Burniske and Joel Monegro, partners at Placeholder VC, discuss their bullish outlook on the crypto market despite recent turmoil. They explore why now is a prime time for Web3 investments due to favorable macroeconomic conditions and technological advancements. The duo reflects on past cycles of crypto, including Bitcoin's influence and the implications of interest rates. They also analyze the Ripple ruling's impact on the industry and share insights on potential self-regulation within crypto, urging optimism as the market evolves.

Joel Monegro, co-founder of Placeholder and crypto OG, talks about Solana's compounding advantage. Topics include Solana vs Ethereum design approaches, infrastructure consolidation, app-specific L2 use cases, updated thoughts on The Fat Protocol Thesis, finding investment edge, and improving writing.

Chris Burniske and Joel Monegro, co-founders of a cryptocurrency venture capital firm, discuss their unique investment approach, blending venture capital with public market strategies. They share their journey in building Placeholder and the evolution of their conviction in Solana, highlighting its potential alongside Ethereum. The duo dives into the importance of managing valuations and adapting to market cycles while offering entrepreneurs insightful strategies for fundraising in this volatile landscape. They emphasize the role of personal networking in the crypto space.