Carlson-Wee: Crypto fund investing is not a zero-sum game
Olaf Carlson Wee · 20VC: Inside The World's Leading Crypto Fund, The Future Exit Environment for Crypto Assets & The Beauty Of Benevolent Dictatorship with Olaf Carlson-Wee, Founder @ Polychain Capital · Dec 11, 2017 · at 7:11
Olaf Carlson-Wee, founder of Polychain Capital, contrasts crypto fund investing with traditional Wall Street derivatives trading.
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“Well, I actually don't really view other crypto funds as competitors. The reason being that this is not a zero-sum game like much of Wall Street feels like it is. If you're a derivatives trader on Wall Street, if you win, somebody else loses directly. In this ecosystem, there's still so much growing to do. I think many of these funds, they tend to be more long than they are short, and this means that in a lot of cases, it's hard for me to see a scenario where Polychain succeeds, and there aren't other funds that also succeed.”
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