Samani: Multicoin underwrote its Helium investment assuming the corporate entity disappears
Kyle Samani · Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20) · Nov 18, 2021 · at 1:02:46
Multicoin Capital managing partner Kyle Samani describes how the firm evaluated open-source network resilience when investing in Helium.
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“We underwrote the investment assuming that Helium Inc. Goes away. Not to say that they will, but the entire system is open source. The hardware, the software, the antennas, the specs for integrating the SDK into Third-party hardware, the blockchain, everything is open source.”
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