
Liquid - Web3 Crypto Investing
Liquid is a series dedicated to web3 crypto investing, hosted by Cosmo Jiang and Joyce Yang.
Each episode we interview portfolio managers and venture capitalists on how they find, evaluate and select the next generation of great investments. We demystify the world of liquid token and venture investing by talking to some of the best investors about their views on the industry, investment process best practices, and how they see the web3 crypto investing changing over time.
Latest episodes

Jul 13, 2022 • 43min
Yida Gao - Investing in Bear Markets with Shima Capital
Today our guest is Yida Gao, founder of Shima Capital. Shima Capital is an early stage VC firm investing in disruptive crypto and Web3 companies. The fund has a strong roster of backers including Dragonfly Capital, Digital Currency Group, Bill Ackman and other strategic investors. Prior to Shima, Yida was a technology investor at New Enterprise Associates and an M&A banker at Morgan Stanley. Yida also teaches Crypto Finance every spring semester at MIT. He graduated from MIT with a degree in Math and CS, attended Stanford GSB before dropping out, and was recognized in Forbes 30 Under 30. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com ----- Remember to rate, review and subscribe to the Podcast!

Jul 7, 2022 • 42min
Ali Hassan - Playing Offense with Unique Strategies
Our guest today is Ali Hassan, Founding Partner at Perceptive Capital. Perceptive Capital is an actively managed investment fund that employs a discretionary, multi-strategy approach. The three main strategies are fundamental directional long, DeFi productivity, and venture. Prior to co-founding Perceptive Capital, Ali founded Crescent Crypto Asset Management and prior to that was a venture investor at Fairview Capital. Ali started his career at Goldman trading equities and options by day and Bitcoin by night. Ali has also authored the paper “The Rise of Blockchain” in 2016 and has been featured in numerous media outlets. Ali graduated Summa Cum Laude with a degree in International Trade & Economics from St. Peter’s University. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com ----- Remember to rate, review and subscribe to the Podcast!

Jun 7, 2022 • 44min
Ape/rture - On Pseudonyms and Pitch Deck Red Flags
Our guest today is Ape/rture from Deus Ex Dao. Ape/rture is a data science enthusiast with a heart for building out innovative ideas. He has been active in the crypto space since 2017, with a focus on research, trading, educating, content creation and community building. He uses a combination of fundamental and technical analysis to analyze human psychology and market action. Ape/rture is currently a Council member at Deus Ex DAO, a decentralized investment community, angel syndicate and service DAO. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com ----- Remember to rate, review and subscribe to the Podcast!

Jun 2, 2022 • 36min
Ken Li - Incubating Big Ideas at Binance Labs
Our guest today is Ken Li, Investment Director at Binance Labs. Binance Labs is the venture capital and incubation arm of Binance, one of the world’s largest crypto exchanges with over $20bn average daily trading volume. Binance Labs is a chain-agnostic investor and incubator focused on supporting the broader crypto ecosystem by investing in, engaging with and supporting the projects and entrepreneurs that have the greatest potential to shape the future of the decentralized web. Prior to joining Binance Labs, Ken led investment and incubation strategy at BCG Digital Ventures and started his career as a management consultant at Bain. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com ----- Remember to rate, review and subscribe to the Podcast!

May 27, 2022 • 32min
David Gan - Emerging Markets and Emerging Managers
Our guest today is David Gan, Founder and General Partner of OP Crypto. OP Crypto invests in digital assets out of two funds - the OP Venture Fund and OP Fund of Funds. Prior to founding OP Crypto in 2021, David served as a senior executive at crypto exchange Huobi Global where he managed their principal investment strategy, and also has experience at qiming Venture Partners and Morgan Stanley China. David received recognition for Forbes 30 Under 30 Asia in 2019. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com ----- Remember to rate, review and subscribe to the Podcast!

May 3, 2022 • 38min
Stephen Chou - Missionary Mindsets and Customizable NFTs
Our guest today is Stephen Chou, Principal at Translink Capital leading web3 and gaming investments. Translink is a traditional early-stage venture capital fund based in Palo Alto and has over $800 million in assets under management. Translink started investing in crypto in 2018 and was an early backer in Terra, Klaytn, Quantstamp, and Forte. Prior to crypto investing at Translink, Stephen was an investment banker at Credit Suisse and part of the investment team at Cisco Investments. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com ----- Remember to rate, review and subscribe to the Podcast!

Apr 25, 2022 • 43min
Joshua Lim - Using Derivatives to Express Fundamental Trades
Our guest today is Joshua Lim, Managing Director and Head of Derivatives at Genesis Trading. Genesis Trading is a digital currency prime brokerage that allows market participants to trade, borrow, lend and custody digital assets. Josh previously managed the spot and derivatives trading desk at Galaxy Digital and prior to that built the treasury and OTC trading desk at Circle. Before crypto, Josh traded equity options at Goldman Sachs and UBS. Josh received his B.S. in Mathematics and Computer Science from MIT. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com ----- Remember to rate, review and subscribe to the Podcast!

Apr 18, 2022 • 37min
Shiliang Tang - Frontier of Decentralized Derivatives Market Making
Remember to rate, review and subscribe to the Podcast! Our guest today is Shiliang Tang, the Chief Investment Officer of LedgerPrime. LedgerPrime is a multi-strategy quant fund in digital assets. Shiliang spent most of his career as a quantitative trader on proprietary trading desks at UBS and Merrill Lynch, where he focused on equities and commodities algorithmic and volatility trading. Prior to LedgerPrime, Shiliang was also a co-founder of global fintech startup WorldCover. Shiliang received his B.S. in Chemical Engineering from MIT, and is a CFA and CAIA charterholder. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com

Apr 8, 2022 • 35min
Cosmo Jiang - Bringing a Public Equities Approach to Web3 Investing
Remember to Rate and Review Our Podcast! Today we flip the script and interview one of our co-hosts, Cosmo Jiang. Cosmo is currently a Deal Lead with GCR. He also serves in a strategy role with a stealth defi startup and is an active web3 investor personally. Over the last 7 years, Cosmo has been a Managing Director at Hitchwood Capital, a multi-billion dollar public equities hedge fund, where we has responsible for the consumer, internet and media investments. Prior to that, he also spent time in private equity at Apollo and investment banking at Evercore. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com

Apr 1, 2022 • 42min
Miko Matsumura - First Checks and Finding Something "More Yourself"
Remember to Rate and Review Our Podcast! Our guest today is Miko Matsumura, General Partner at Gumi Cryptos Capital - a blockchain focused early stage venture firm with offices in Silicon Valley and Japan. It was founded in 2018 and its debut fund returned >25x, with some early-stage investment home runs like Opensea, Yield Guild Games, Vega Protocol, Celsius Network, 1Inch and more. Gumi Cryptos Capital just announced their second fund with $110mm of capital commitments. Miko is also a board member or advisor for a number of startups including Celsius, IntotheBlock, Keyless, LIT Protocol and Idle Finance. ----- This episode is brought to you by Global Coin Research ("GCR"). GCR is a community-first research and investment DAO. GCR’s mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members. This discussion was recorded in our Discord. You can find more information about us and how to join at GlobalCoinResearch.com