Compound - Michael Dempsey (Episode #41)

This interview podcast features Ben Jacobs of Scenius Capital interviewing Michael Dempsey, managing partner of Compound, a venture capital firm. The conversation explores Compound's investment strategy, focusing on their thesis-driven approach across AI/ML, robotics, bio, and crypto. Dempsey discusses their long investment timeframe, their information gathering process, and their perspective on the current state of the crypto industry, highlighting the need for standardization and less speculation to drive application development. He also names Prime Intellect as one of their investments in the AI/blockchain intersection, emphasizing the importance of open-source models and the need for sustainable financial models in the open-source AI ecosystem. Listeners gain insights into a unique venture capital strategy and a nuanced perspective on the future of crypto and its intersection with other technological advancements.