Tushar Jain, co-founder of Multicoin Capital, clarifies the firm's thesis-driven investment strategy versus short-term crypto trading.
0:00 / 0:11exact quote · 11.2s
720p mp4 · rendered on demand · StarZero watermark
“Because we knew what we didn't want to do is go and start trying to trade Bitcoin up and down. That's not what we do. That's not our edge. Our edge is in thinking about these assets, thinking about how the technology is going to be applied.”
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 →
“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…”
Tushar JainNov 18, 2021▶ 55:51Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20)
Opinion
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.”
Tushar JainNov 18, 2021▶ 58:13Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20)
Disclosure
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?”
Tushar JainNov 18, 2021▶ 33:32Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20)
PredictionNot checkable as stated
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.”
Tushar JainNov 18, 2021▶ 50:34Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20)
Opinion
Jain: Solana is the iPhone moment for crypto
“We think Solana is the iPhone moment. For crypto.”
Tushar JainNov 18, 2021▶ 57:44Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20)
PredictionDidn’t hold up
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.”
Tushar JainNov 18, 2021▶ 1:02:17Kyle Samani and Tushar Jain - Multicoin Capital (Manager Meetings, EP.20)
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 700 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.