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Adam Goldberg

Co-Founder and Managing Director, Standard Crypto · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorfounder@adamwgoldberg ↗standardcrypto.vc ↗

After enrolling full-time at UC Berkeley at age 13, he became a partner at Lightspeed Venture Partners and established their cryptocurrency investment practice. In 2019, he co-founded Standard Crypto, a venture capital firm backing blockchain protocols and applications.

14statements → 3claims → 1claims resolved → 4.07/5average certainty → 2.36/5average debate potential → ≈4.5/5argument clarity, estimated → 9said about them ↓

1 supported 0 partly supported 0 contradicted 1 not yet assessed 1 not checkable as stated how the 3 claims stand · each chip opens the sources

2 predictions · 1 assertion · 8 insights · 3 disclosures · every statement was checked. The predictions and assertion are the 3 claims: statements the public record can support or contradict. 1 is resolved, 1 is not yet assessed, and 1 names no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Adam argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Goldberg: CryptoKitties Single-Handedly Clogged the Ethereum Blockchain
“CryptoKitties alone clogged up the Ethereum blockchain.”
Adam Goldberg Jul 30, 2018 ▶ 8:57 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess

How they sound: speaking style how? →

223 words/min while actually speaking · 1.9 um and uh per 1k words

No argument clarity score for Adam Goldberg: no usable question→answer exchanges on raw tape (a fair score needs 8+). We do not score a sample that small. Roundtable and news formats yield far fewer direct exchanges than interviews. Their coarse estimate from 22 exchanges on the produced feed is ≈4.5/5, shown at half point precision because the sample is small and produced tape scores higher.

Measured by listening to 3,667 words across 1 episode, but every recording we have of Adam Goldberg is the aired feed, and an editor cleaned that audio before release. Some of the hesitation was cut before we ever heard it, so read these as floors: the true rates are at least this high. These are measurements of speaking style, not scores. How it's measured →

How the interview went all their pushback → series average →

Across 1 rated episode:

host pushback ▾ 4/10
pushed back at the host ▾ 3/10
setup questions received 45%

Everything Adam Goldberg said on 20VC that made the record, most notable first. Filter by type, assessment or year in the ledger →

Insight
Goldberg: Replace 'Blockchain' With 'Database' as a Startup Test
“If you're building something on the blockchain, is it as interesting if you just use the word database instead of ledger or blockchain? And if you do, then you don't need to be building on the blockchain.”
Adam Goldberg Jul 30, 2018 ▶ 12:20 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Insight
Goldberg: Value in crypto projects accrues to equity or tokens, rarely both
“Value will usually accrue into either equity or a token network. It's very rarely both, but if it is both, it's probably like a 95%, five percent split.”
Adam Goldberg Jul 30, 2018 ▶ 14:14 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Insight
Goldberg: Marketing-heavy crypto teams are built for hype, not longevity
“I think that a lot of teams are extremely marketing heavy in this world, and that's generally the wrong approach for long-term success, but that may generate a lot of hype in the short term. I generally bias towards engineering heavy teams because that's how y…”
Adam Goldberg Jul 30, 2018 ▶ 20:00 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Insight
Goldberg: Founder learning speed matters far more than prior experience
“Everyone starts as a first-time founder, so how quickly you learn matters much more than how many times you've done it before.”
Adam Goldberg Jul 30, 2018 ▶ 5:48 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Insight
Goldberg: Games Can Run Centralized While Storing Cosmetics On-Chain
“You could build a game like Fortnite in a centralized manner while having its cosmetic assets live on the blockchain.”
Adam Goldberg Jul 30, 2018 ▶ 9:25 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Prediction Open · timeframe Jul 2023
Lightspeed is drafting a template term sheet for early crypto rounds
“So we haven't released it yet, but we are in processing Of writing up a template term sheet for both fungible token and non fungible token projects at the formation stage.”
Adam Goldberg Jul 30, 2018 ▶ 14:29 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Prediction Not checkable as stated
Goldberg: Crypto Operations Will Shift From Token Reserves To Traditional Financial Models
“I think that the days of saying we're going to reserve 30% of the tokens and that will fund our operations for perpetuity or over, I think it will look a lot more like traditional models.”
Adam Goldberg Jul 30, 2018 ▶ 23:18 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Disclosure
Goldberg signs D&I side letters requiring founders to consider diverse candidates
“So I actually have a diversity and inclusion side letter that I sign with my founders, and what it says is for every executive or board position, they'll consider at least one Candidate with a diverse background.”
Adam Goldberg Jul 30, 2018 ▶ 24:56 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Assertion Supported
Goldberg: CryptoKitties Single-Handedly Clogged the Ethereum Blockchain
“CryptoKitties alone clogged up the Ethereum blockchain.”
Adam Goldberg Jul 30, 2018 ▶ 8:57 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Insight
Goldberg: Stablecoins Are Critical for E-Commerce Adoption in Crypto
“So this is why stable coins are extremely important. It's hard to have an e-commerce or e-commerce use case without a unit of account.”
Adam Goldberg Jul 30, 2018 ▶ 9:40 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Insight
Goldberg: Crypto Defensibility Requires Owning the Community
“Features can be copied, and that's the nature of most open source worlds, and really what that comes down to is you need to own the community, because in this Blockchain world. Anyone can try to fork away from you.”
Adam Goldberg Jul 30, 2018 ▶ 11:05 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Disclosure
Goldberg invested in an unannounced project using a dual-token structure
“One interesting approach that I've seen that's used by at least one of the projects I've invested in, although unfortunately it's one that hasn't announced, is to have two separate tokens. One that's a payment coin, just for the utility of the service itself, …”
Adam Goldberg Jul 30, 2018 ▶ 15:59 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Insight
Goldberg: Crypto Projects Need Pitch Decks Alongside Academic White Papers
“Decks are a very efficient way to communicate, and you still need to iron out all the details of what you're doing, and you should have a white paper, but you need to have a friendlier entry point for investors, employees, and partners alike”
Adam Goldberg Jul 30, 2018 ▶ 22:47 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess
Disclosure
Lightspeed announces investment in quantum computing startup StrangeWorks
“Yeah, so we announced our investment in StrangeWorks, Earlier today, actually. It's a quantum computing software company.”
Adam Goldberg Jul 30, 2018 ▶ 25:56 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess

The other half of the tape: Adam Goldberg's own voice is left out of every number here. Other people bring the name up 9 times in 3 episodes on 20VC. every mention, with the transcript →

Who brings them up most Harry Stebbings 9

Every mention by year

Appearances (1)

EpisodeDateSpeaking time
20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Jul 30, 2018 17m
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