Prediction certainty 3/5 debate potential 3/5

Hockey: Restricting legit crypto companies drives consumers to harmful black markets

William Hockey · William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings · Dec 3, 2022 · at 43:56

William Hockey, co-founder of Plaid and co-CEO of Column, discusses the regulatory impact of high-profile crypto crashes like FTX with host Harry Stebbings.

0:00 / 0:21exact quote · 21.5s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I'm probably a hopeless optimist, but I think what it shows is actually, if we don't allow the good players, like a Coinbase, et cetera, to move quickly and actually be able to innovate, those people, like those people are gonna go somewhere, right? People want this stuff, and so then they're just gonna go to the sketchy black market stuff, and that's actually gonna create a lot of consumer harm.”

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 William Hockey

Insight
Hockey: Most 1,000-person tech companies could achieve the same with 100
“I think as we're learning and have learned that most companies that are over a thousand people, you can probably do the same damn thing with a hundred people.”
William Hockey Dec 3, 2022 ▶ 17:11 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Insight
Hockey: Fast hiring and execution speed are false goals for startups
“I do generally think that this desire for speed and this desire to, like, move quickly and hire a lot is a little bit of a false lie. I think companies can be built much more slowly than people think. As you look at value creation over a five to 10 year period…”
William Hockey Dec 3, 2022 ▶ 19:09 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Insight
Hockey: US banking protocols can accomplish 95% of crypto's goals
“You can actually accomplish, I'd say, kind of, 90, 95% of what crypto wants and what people want by actually building this from scratch, by actually looking at the protocol layer and not getting distracted by how it's been implemented.”
William Hockey Dec 3, 2022 ▶ 37:49 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Prediction Not checkable as stated
Hockey: Non-financial software companies will dominate financial brands within ten years
“Over the next 10 years, the new financial brands that will win over time and that will be that dominant player are already probably brands today. They just aren't financial services brands. I think what will happen is these large banks that you and I have hear…”
William Hockey Dec 3, 2022 ▶ 47:52 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Opinion
Hockey: DOJ blocking Visa's acquisition of Plaid was unfair and incorrect
“Is I don't think it was fair. I don't think it was correct, but it doesn't, my opinion doesn't matter is, you know, the government is a decision maker at the end of the day.”
William Hockey Dec 3, 2022 ▶ 56:22 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Insight
Hockey: Venture capital is just mutual fund management, not operating
“I think everyone should just admit that venture is just capital allocation and private tech and, you know, It's more like being a mutual fund manager than an operator maybe present company excluded, but I think pretending otherwise is probably anything but a d…”
William Hockey Dec 3, 2022 ▶ 58:48 William Hockey: How I Founded Plaid; The Ultimate Cold Email Tip; Hiring Lessons | 20VC #955 · 20VC with Harry Stebbings
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.