Garg: Crypto-native companies will accrue the most long-term value
Avichal Garg · 20VC: The 2 Core Areas Value Will Accrue In Crypto, Why Crypto Will Drive The Re-Centralisation of Talent Back Into Silicon Valley & Why Regulation Is The Opposite of What We Should Be Concerned By in Crypto with Avichal Managing Partner @ Electric Capita · Aug 20, 2018 · at 8:54
Avichal Garg, Managing Partner at Electric Capital, discusses how traditional venture capitalists fail by pattern-matching past web models instead of investing in crypto-native primitives.
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“So I think that's always the risk for the VCs or for the ecosystem in general is that investors pursue things that pattern match to things that we already know rather than identifying the places where the platform is natively able to do things that we weren't able to do before. And then those native companies, in this case, the crypto native companies, I think are going to be the ones that really accrue value and create value in the long term.”
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