Notes on Crypto Venture Capital Series Ep 3.
Hosted by @Shaughnessy119, featuring @different_mj of @GalaxyDigitalHQ

notes include:
📖Traditional Funds accessing Equity Deals
🦍Equity vs Token Value Flow
🚨Most Important Sector to Invest
+ more

1/ "...every big growth venture fund in the world has called us and said, “Hey, we want to look at your series Bs, Cs, and Ds. We want to put 50 to 500 million bucks in these companies.”
2/ "We believe that that’s what makes crypto people part of the community. They get in early. They see what it is and they participate in the growth. They certainly identify with it. They start to say we."
3/ "...that is where this community-driven exit to the community will happen, people raise their hand and say, I love this stuff. I’m super active. I will be a moderator. Give me ownership of this, and I will participate anyway.”
4/ "The tension is that our funds have gotten so big. The capital has gotten so big and the rounds don’t need that much capital. Defi is this incredibly capital efficient machine... the capital needs of these projects are pretty de minimis compared to its centralized equity..."
5/ "There has been this nasty professionalization of crypto VC, where every real project, these people that are really high quality are able to raise so much money, so fast that some of the opportunities have dried up for retail."
6/ "...if you’re sitting in a UNI equity and SUSHI launches, you no longer get to stick to your game plan. So, you have this very weird market forces telling you what to do on your equity side when you have a token in the market"
7/ "It needs to exist for a while and people need to feel comfortable that Uniswap will be there in five years, because this is a pretty classical thing. The longer it exists, the more likely it is to exist."
8/ "One thing I really personally like is people who respond quickly because it suggests that they’re in control of their life... Crypto, you can’t just plan. You have to constantly be reacting to new crises and figure this out."
9/ "So, the advice that we always recommend to people is nobody will ever beat me at my game, because I wake up Saturday morning at 8:00 and just start reading about crypto."
10/ "So, the first thing is you have to know yourself. You have to know whether you’re the type of person who can really pay attention to a lot of things and make sure that there aren’t any loose threads hanging because that’s how you’ll start to lose money."
end/ "...not taking enough risk is an extremely risky activity"
Notes for -
Ep 1 of the Crypto Venture Capital Series:

Ep 2 of the Crypto Venture Capital Series:
Additional accounts/resources for podcast notes:

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More from @jiminstupid

19 Jul
Below are notes for @Shaughnessy119's Crypto Venture Capital Series Ep 1, featuring @Arthur_0x from @DeFianceCapital

Learn about Defiance's investment thesis, red flags, biggest misses + more 📖🦍🚨

1/ "DeFi will eat traditional finance for the next decade"
2/ "...after spending some time in the space, you kind of develop some heuristics as well to help you spend a better time to filter out something that's not even worth looking"
Read 16 tweets

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