Carlson-Wee: Avoid opportunistic Wall Street transplants when backing crypto tech funds
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 7:56
Olaf Carlson-Wee, founder of Polychain Capital, advises LPs on manager selection criteria for cryptocurrency funds.
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“I'd look for people that have been in this ecosystem for a long time. I'd look for people that have deep technical expertise in this subject matter. I'd look for people that have solid networks among relevant people in this ecosystem. I would avoid Folks that are coming very opportunistically from a kind of Wall Street background, unless, now the exception is if they're doing a pure quant or pure market-making style strategy, I think that's a different question. I guess what I'm talking about is more people that are trying to pick winners, so to speak, and actually bet on the technology.”
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