183 - Why VCs Suck | 1confirmation's Nick Tomaino & Richard Chen
Inside the episode
We're joined by Nick Tomaino and Richard Chen of 1Confirmation to discuss the role of VCs in crypto, the outlook on the markets, and how retail should prepare for the next cycle.
Timestamps
0:00 Intro
6:00 Nick and Richard from 1Conf
7:20 The Price Cycle
11:50 The Signal Cycle
15:55 Tourist vs Purist
20:00 Why Do VCs Suck?
28:15 Raising vs Returning
32:40 How Transparency Shapes Crypto
38:30 VC Report Card
43:45 Holding Retail Accountable
48:30 Advice for Retail
51:15 How to Not Be Exit Liquidity
59:00 Should We End VCs?
1:03:10 How 1Conf Works
1:07:40 Crypto Native VCs
1:12:30 Looking to the Next Cycle
1:17:08 Prediction Markets
1:20:00 Crypto is Ready
1:24:00 Actually Using Crypto
1:28:20 L2s vs Alt L1s
Resources
Nick Tomaino: https://twitter.com/NTmoney?s=20
Richard Chen: https://twitter.com/richardchen39?s=20
1confirmation: https://www.1confirmation.com/
Richard's Article: https://showerthoughts.substack.com/p/thoughts-on-the-current-crypto-vc
