Origins host Beezer Clarkson, LP at Sapphire Partners and co-founder of OpenLP, and Nick Chirls, GP at Asylum Ventures, dive into their recent conversation with Kyle Samani, Founder and Managing Partner of Multicoin Capital. They discuss their learnings on crypto, including why Nick is more bullish on bitcoin than Kyle, and how LPs conceptualize investing in firms like Multicoin. They also break down why people who came up as Crypto traders and investors are uniquely positioned to excel in early stage venture.

Learn more about Sapphire Partners: sapphireventures.com/sapphire-partners

Learn more about OpenLP: openlp.vc

Learn more about Asylum Ventures: asylum.vc

Learn more about Multicoin: multicoin.capital

For a monthly roundup of the latest venture insights, including the newest Origins episodes, subscribe to the OpenLP newsletter – delivered straight to your inbox: subscribe.openlp.vc

CHAPTERS:

0:00 Welcome to Origins

1:02 Is Bitcoin an Unproductive Asset?

1:56 The Problem With Web3.0

3:49 Assessing Crypto Managers As an LP

6:21 The Hard Part Isn’t Buying Bitcoin, It’s Holding It

8:21 Trained In Crypto, Excelling In Traditional Markets

Minisode: What Early Stage Venture Can Learn from Crypto Traders

Origins: Inside Venture Capital