Ian Lee: Web3 and DAOs Will Power the Future of Venture Capital
Ian Lee · Ian Lee: Why DAOs Will Replace Venture Capital; Biggest Threat to Web3 | 20VC #893 · 20VC with Harry Stebbings · Jun 8, 2022 · at 9:04
Ian Lee is the co-founder of Web3 platform Syndicate and former Managing Partner of IDEO CoLab Ventures. He discusses why decentralized technologies represent the long-term evolution of venture investing.
0:00 / 0:19exact quote · 19.2s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“And if you believe that, then the end state likely of this trend that's been happening for more than two decades is likely going to lead to some sort of model and system that will be powered by web three endowed technologies behind them. And that is the bet that syndicate is making.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Ian Lee
Ian Lee: Novel DAO Markets Will Surpass Legacy Entity Transformations
“Over the long run, when we're thinking about 10 to 20 year plus time spans, it's likely that the new to world markets are actually going to outsize the existing ones, and that's absolutely what we think Syndicate is going to do.”
Ian Lee: Network-Participating Investors Will Win in Crypto Over 5-10 Years
“At a high level, if you project this out again, over five to 10 year plus timescale, the investors who are more participatory in these networks that can actively get involved natively with these technologies are going to be the ones that win.”
Ian Lee: Web3 Can Centralize Wealth Just as Effectively as Decentralizing It
“So in the same way, like, you know, taking social media as an example, I think web three has that same potential, and you're, and you we've been seeing that, right, for the last decade since it's been around, which is that web three, like any technology, has t…”
Ian Lee: NFT-Powered Spotify and YouTube Alternatives Will Emerge by 2024
“So good example of this is that I think that like NFT powered commerce in Web three, NFT powered digital media and various kind of social media platforms. That I knew or believed were gonna happen in 10 years or so, I think are now possible in the next two to …”