E125: SUI NETWORK FOUNDER: I Left Facebook at 50 to Build What Crypto Couldn't

In this episode of the "When Shift Happens" podcast, Evan Cheng, co-founder and CEO of Mysten Labs and creator of Sui, discusses his vision for decentralization and the future of Web3. Cheng shares his journey from Apple and Meta to building Sui, aiming to create infrastructure that empowers businesses by removing the burden of responsibility for customer data and assets. He critiques the re-centralization trends in the crypto ecosystem, using Ethereum as an example, and emphasizes the importance of building infrastructure that enables sustainable business models. Cheng reflects on his personal motivations, including experiences at Apple and Facebook, that drove him to entrepreneurship in his 50s, highlighting the challenges and sacrifices involved. He also touches on the unique aspects of Mysten Labs' culture, the role of his co-founders, and his predictions for the future of blockchain technology, emphasizing Sui's potential to transform various industries.