20VC: Why Market Matters So Much More Than Founding Team | Why Crypto Investing is Less Collaborative Than Ever | Why Bitcoin is Not a Hedge Against Inflation | Why Solana Will Beat Ethereum | The Network Effects You Need To Understand with Kyle Samani, C
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Kyle Samani is the Co-Founder and Managing Partner @ Multicoin Capital, one of the leading crypto native funds of the last decade with positions in Solana, FTX, Fractal, and Helium to name a few. As for Kyle, before moving to the world of venture and crypto, he founded Pristine, a health IT startup that raised more than $5M in VC, and was acquired by Upskill. In Today's Episode With Kyle Samani We Discuss: 1.) The Founding of Multicoin Capital: How did Kyle make his way from a healthcare startup to founding Multicoin? What was his a-ha moment with the realization of the opportunity we have ahead of us in crypto? What does Kyle know now that he wishes he had known when he started Multicoin? 2.) Crypto Investing in 2022: Why does Kyle believe the crypt investing landscape is less collaborative than ever? What are the biggest challenges of token issuances today? How does the option of liquidity help and hurt Kyle's investor psychology? Is Kyle concerned the volatility in the market will harm institutional investor sentiment for crypto? 3.) Constructing a Crypto Portfolio in 2022: Why does Kyle not believe in temporal diversification? Why does sector-centric company diversification suck? Why are the loss ratios in crypto so much lower than in traditional venture? Why does Kyle believe a no reserves model is optimal in crypto? 4.) Multicoin vs Traditional Venture Firms: Why does Kyle believe that every person over 10 people in a venture firm is a net negative towards the investment decision-making process? What do Kyle and Multicoin do reach the truth together? How do they aggressively use writing and word docs to progress their thoughts? Their discussions are "brutal", how brutal can one be in a discussion on a deal? How does one make team members feel safe but also really push them for the truth and debate? Item's Mentioned in Today's Episode: Kyle's Favourite Recent Reading: Eugene Wei Kyle's Most Recent Investment: Delphia
Web3 Series: Kyle Samani on ETH Bearishness, DeFi, and Web3 Social
Village Global's Venture Stories
Kyle Samani (@kylesamani), co-founder and managing partner at Multicoin Capital, joins Erik on this episode to discuss:- How crypto enables people to coordinate and set up things in the physical world, as with the Helium project.- The shift in Ethereum over the last 24 months and why he says they need to re-think their product development process and shift away from its prior ideological underpinnings to get to a billion users.- Why he thinks that Ethereum is no longer dominant and is long-term bearish on it.- Why consumer social will be the future of Web3 apps in the near future.- Why transactional marketplaces like Uber don’t work well in crypto form.- His thoughts on how NFTs evolve and why he says it doesn’t make sense to have horizontal marketplaces like OpenSea.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup
Building a Top Crypto VC with Kyle Samani from Multicoin Capital
Venturing in VC
Kyle Samani is the Co-Founder and Managing Partner at Multicoin Capital, which is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. They manage a hedge fund and a venture fund, investing across both public and private markets.
Kyle Samani & Tushar Jain: Multicoin Capital – An Update From the Thesis-Driven Investment Firm
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Multicoin Capital is a thesis-driven investment firm that invests in the crypto space. They manage a hedge fund and a venture fund, investing across both public and private markets. Since their founding in 2017, they have become known for their high returns.We were joined by founders Kyle Samani and Tushar Jain, for Multicoin's third visit on the show, to chat about how they came together to form Multicoin, their current investment thesis and how it has evolved, and the road ahead in the blockchain ecosystem.Topics covered in this episode:Tushar and Kyle's backgrounds and what led to MulticoinWhy did they choose to create an investing company?Their current investment thesis and how it has evolvedMulticoin's decision to not invest in certain lucrative projectsHow they chose what to invest inThe Proof of Physical Work thesisThe process of how they select an investment and the strategy behind their portfolioProjects they regret not investing inA prediction of how the blockchain ecosystem will look in three yearsDominance of DeFiEpisode links:Episode 361 with KyleEpisode 223 with Kyle and TusharProtocols dont capture value, DAOs manage risk - thesisMulticoin on TwitterKyle on TwitterTushar on TwitterSponsors:ParaSwap: ParaSwap aggregates all major DEXs and makes sure you beat the market price at every single swap and with the lowest slippage - paraswap.io/epicenterChorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusoneThis episode is hosted by Friederike Ernst. Show notes and listening options: epicenter.tv/441
Kyle Samani of Multicoin on Accelerating the Adoption of Sovereign Software, Designing Token Systems that Capture Value, and Why Composability is the Key to Crypto (EP.192)
Panic with Friends - Howard Lindzon
I’ve got Kyle Samani back for his third appearance on Panic with Friends. As unusual, Kyle does a fantastic job of breaking down crypto with compelling use cases that will leave you with a better understanding of where we’ve been and where the promise of Web3 will take us. I’ve been a personal LP in his fund since it started in 2017, with positive results even through the brutal Crypto Winter of 2018/19. This episode piggybacks last weeks episode with Tushar Jain, Kyle’s co-founder at Multicoin Capital. Listen to them both. You’ll walk away realizing the inevitability of Web3 and where the major trends in technology are developing. Guest - Kyle Samani, Co-Founder and Managing Partner of Multicoin Capital Multicoin Summit Keynotehowardlindzon.com, multicoin.capital Twitter: @howardlindzon, @PanicwFriends, @kylesamani, @multicoincap, @knutjensen linkedin.com/in/kylesamani #fintech #invest #investment #venturecapital #stockmarket #finance Show Notes: (00:37) – Intro (03:38) – The biggest change from the multitude of crypto pullbacks (04:45) – Growth and estimates of individual crypto holders (05:30) – Changes in how people access information (07:48) – Trading platforms are a commodity (09:23) – The 'flippening' from stocks to crypto (10:27) – Composability explained (13:45) – Building higher order apps on top of existing things (16:11) – Importance of latency and throughput (17:45) – Accelerating the adoption of sovereign software (19:54) – How things are different now (23:04) – The case for compute (Render) (28:20) – Designing a token system that captures value (32:07) – Fleshing out the Web3 infrastructure (32:17) – Defining Web3 (34:25) – Web3 compliments Web2 (35:41) – Understanding competing blockchains (38:47) – Binance, FTX, and Coinbase (43:46) – Closing thoughts
Kyle is Co-Founder and Managing Partner at Multicoin Capital, a thesis-driven crypto investment firm. Founded in 2017, Multicoin has made several stellar investments including Solana, Near, Helium, Audius, and Arweave to establish itself as one of the most successful funds not only in crypto but overall. Multicoin now manages several billion dollars worth of assets across hedge funds and venture funds. Kyle’s writing and successful contrarian bets have made him one of the most respected thought leaders in the crypto space. Follow him on Twitter @KyleSamani. [2:18] - How Kyle’s background in computer science primed him for crypto [7:26] - Writing as a means to better thinking [11:33] - The underrated upside of taking risks at a young age [14:20] - Starting a fund before the 2018 crash [22:10] - Comparing experiences as a founder and investor [25:33] - Kyle's most fundamental investing principles [31:01] - Multicoin’s three theses for the crypto space [33:00] - Understanding the different types of crypto assets [42:18] - How Kyle saw value in Solana before others [48:05] - The potential promise of composability --- Support the show by checking out my sponsors: Join Levels and get personalized insights to learn about your metabolic health. Go to https://levels.link/jake. --- https://homeofjake.com
Kyle Samani is the co-founder of Multicoin Capital and today Juri Maibaum, Fabian Klauder, and Cryptocito will discuss the future of NFTs with him! KYLE SAMANI 📲 FOLLOW ON TWITTER: https://twitter.com/KyleSamani 💻 WEBSITE: https://multicoin.capital/ CRYPTOCITO 📺 YOUTUBE: https://www.youtube.com/channel/UCE1J... 📲 FOLLOW ON TWITTER: https://twitter.com/Cryptocito ----- DEFITIMES 💻 WEBSITE: https://defitimes.io 🦄 DISCORD: https://discord.gg/KSQyKYZ7vD 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.defitimes.io/ 📲 FOLLOW ON TWITTER: https://twitter.com/defitimes ✅ FOLLOW ON INSTAGRAM: https://www.instagram.com/defitimes ----- 🌖 FOLLOW JURI: INSTAGRAM: https://www.instagram.com/jurimaibaum/ TWITTER: https://twitter.com/jurimaibaum 📈 FOLLOW FABI: TWITTER: https://twitter.com/fabianklauder ----- DISCLAIMER All information presented in this podcast is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This podcast’s content solely reflects the opinion of the producer, who is not a financial advisor. Investing in cryptocurrencies is risky!
The FTX Podcast #78 - Kyle Samani of Multicoin on NFTs, the Metaverse and Web3 Social Platforms
The FTX Podcast - Builders and Innovators in the Cryptocurrency Industry
Kyle is a Co-Founder and Managing Partner at Multicoin Capital, a thesis-driven investment firm with a global footprint that invests exclusively in the crypto ecosystem. Multicoin Capital manages several billion in assets across hedge funds and venture funds. The funds' LPs include university endowments, fund of funds, world class-technology investors, storied venture capital funds, and family offices. Kyle holds degrees in Finance and Management from the NYU Stern School of Business.
Asiff Hirji is the President of Figure Technologies, Inc. (‘‘Figure’’), a blockchain-based home equity lender since January 2020. Kyle Samani is a Managing Partner at Multicoin Capital, a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets.Prior to joining Figure, Mr. Hirji served as President and COO of Coinbase, Inc. (‘‘Coinbase’’), where he helped significantly grow the company’s revenue and valuation. Prior to Coinbase, he was an Operating Advisor with Andreessen Horowitz from October 2016 to December 2017, Chief Restructuring Officer of Hewlett Packard Inc. (NYSE: HPQ) from November 2014 to March 2017, and served as President and COO of TD Ameritrade from July 2005 to October 2006.As a former engineer, Kyle leads technical thesis formation and diligence. He is the more outwards facing partner, owning relationships with entrepreneurs and other investors. He is widely recognized in the crypto ecosystem for his writing and system-level analysis.—————————————————————— Registration for SALT New York is now open! Join us September 13-15, 2021 and sign up at https://register.salt.org/event/411f76d9-c215-4719-9bc4-8dfac6cfacdd/summaryFor podcast transcripts and show notes, visit https://www.salt.org/Watch this video on YouTube: https://youtu.be/wQct00PoxfUModerated by Anthony Scaramucci. Developed, created and produced by SALT Venture Group, LLC.
Ep.512 ~ Building a CryptoCurrency Hedge Fund ~ Kyle Samani
The Business Method: Interviews from the World’s Top Entrepreneurs & High-Performance Experts 🎧
Kyle Samani is one of the founders of Multicoin Capital, a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. Multicoin manages a hedge fund and a venture fund, investing across both public and private markets. Kyle previously founded Pristine, a health IT startup that raised more than $5M in venture capital which was acquired by Upskill. He raised a $75million fund from mainstream investors, including Andreessen Horowitz & founding PayPal COO David Sacks to invest in cryptocurrency projects being backed by some of the most prominent startups in the industry. As a former engineer, Kyle leads technical thesis formation and diligence at Multicoin Capital. He is the more outwards facing partner, owning relationships with entrepreneurs and other investors. He is widely recognized in the crypto ecosystem for his writing and system-level analysis. 03:48 Who is Kyle Samani & What is MultiCoin Capital? 07:53 Making the Decision to Launch a Hedge Fund/VC Fund That Invests in CryptoCurrency 14:28 The Process of Launching a Hedge Fund 18:33 Understanding What a Hedge Fund is in Today’s World 20:53 Raising Over $75 Million for a Fund 29:23 Why Kyle Invested 100% of His Network Into Crypto 34:18 Investing in Teams vs Products vs Markets & Why MultiCoin Invests in Markets 44:21 Kyle’s High-Performance Tip: Using a Mouse is a Massive Waste of Time Contact Info: https://multicoin.capital/ Kyle on Twitter: @KyleSamani Subscribe to the Podcast: 🎧 Website: https://www.thebusinessmethod.com/ 🍏 Apple Podcasts: http://bit.ly/TheBusinessMethod 💻 Google Podcasts: http://bit.ly/TheBusinessMethodGooglePodcasts 🎙Spotify: http://bit.ly/SpotifyTheBusinessMethod Follow Chris Reynolds on Social Media: Instagram: @chrisreynoldslive Facebook: @chrisreynoldslive YouTube: @chrisreynoldslive