Scenius Studio (Episode #23)
Kyle Samani -- Multicoin Capital
Scenius: The intelligence and the intuition of a whole cultural scene. The communal form of the concept of genius.
Welcome to the Scenius Studio
As a crypto-dedicated Fund-of-Funds Manager at Scenius Capital, host, Ben Jacobs has the unique opportunity to speak daily with the brightest investors in the blockchain space. In Scenius Studio, Ben chats with crypto Hedge Fund Managers and Venture Capitalists in wide-ranging, evergreen, and alpha-focused conversations.
In each episode of Scenius Studio, Ben dives deep with these talented professionals to understand what drove them to crypto, and how they approach the complex craft of investing in the wild west of digital assets and blockchain technology. We are excited to share these discussions publicly through this podcast.
If you find this show valuable, please subscribe and share The Scenius Studio with your network. See below for details on this week’s episode.
In this episode, Ben sits down with Kyle Samani, Co-Founder and Managing Partner of Multicoin Capital. Kyle has been at the forefront of blockchain technology and innovation since founding the firm in 2017. Kyle is known for his non-consensus perspectives and his ability to break down business concepts and market structures to their core essence.
Spotify
Apple Podcasts
In this episode we discuss:
Lessons learned from Kyle’s first start-up Pristine
Key takeaways from Apple’s Vision Pro announcement
Information consumption and the process of developing investable theses
Considerations when evaluating a DePIN project
The importance of Founder-Market fit vs. Founder talent
Evaluating market structures as the most important part of the investment diligence process
Different markets that are forming at the intersection of AI x Crypto
What types of computation should be done off-chain with ZK tech
Hesitation around EigenLayer’s shared security model and the parasitic nature of L2s to ETH
The state of crypto venture capital from Multicoin’s perspective
The AI GPU shortage and how DePIN could solve this
Fallacies around blockchain modularity and scaling
Resources Mentioned:
We hope you enjoy listening to this conversation with Kyle. If you got any value out of the podcast then please consider sharing Scenius Studio with your network 💪
Quick reminder that despite our guest this week being a managing partner of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin’s investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice.