Jain: Investors do not need to catch every winning deal
Tushar Jain · Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20) · Nov 18, 2021 · at 1:09:13
Tushar Jain of Multicoin Capital discusses what he calls 'gotta catch them all syndrome' as an investment pet peeve.
0:00 / 0:08exact quote · 8.7s
720p mp4 · rendered on demand · StarZero watermark
“I don't think you have to catch them all. If you didn't have the thesis, if you didn't have conviction, it is okay. We're investors. We're not Pokemon trainers. You know, we don't have to catch them all.”
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 Tushar Jain
Jain: Ethereum 2.0 requires unsolved computer science; Solana only required engineering
“Whether we're talking about Ethereum, two point O near Polkadot, those are sharded blockchains and they require some meaningful Computer science breakthroughs to happen in order to actually function and deliver what they needed. Solana did not need that. Solan…”
Jain: Solana is high-speed broadband compared to Ethereum's dial-up infrastructure
“And now we have Solana, which is like broadband, To Ethereum's dial-up.”
Jain: Multicoin worries more about entry liquidity than exit liquidity
“While a lot of people get worried about exit liquidity, honestly, given our level of conviction in these assets, I'm more worried about entry liquidity. Will we be able to buy this at scale again?”
Jain: Layer-one blockchains will eventually consolidate into an operating system duopoly
“So if I had to guess what the long-term outcome of layer one blockchains will be, I would expect it to be a similar duopoly as what we see in older operating systems.”
Jain: Helium will have more access points than any telecom by 2022
“We are expecting The Helium network to really be the biggest wireless network in the world by the end of next year, have more access points than any other centralized telecom provider by the end of next year, and have potentially even more users.”