Nader Al-Naji

8 statements across 1 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Nov 3, 2021 by Nader Al-Naji · said 1 times in 1 episodes since 2021 · across every show →

On the record as a speaker too: Nader Al-Naji's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Nader Al-Naji, oldest first

Nov 3, 2021 neutral
Disclosure
Al-Naji: DeSo's core strategy is to avoid building end-user products
“But really, like, Sean, you're touching on our strategy, which is, we actually don't want to build any products at all. I didn't even want to launch BitClout, ideally.”
Nader Al-Naji Nov 3, 2021 ▶ 6:20 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
Nov 3, 2021
Assertion Partly supported
Al-Naji: Top VCs bought ~$30M of DeSo, none owning >5%
“I think about thirty million dollars worth was that which is, I think, not, not a huge percent, and no one has, no one owns more than five percent of the supply from that.”
Nader Al-Naji Nov 3, 2021 ▶ 23:43 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
Nov 3, 2021
Assertion Partly supported
Al-Naji: Basis raised $140M and returned all capital to investors
“My last company, which was called basis, you know, where I raised a hundred and forty million dollars and then it didn't work wound up giving, you know, deciding to kind of do what I think is the right thing, give all the money back.”
Nader Al-Naji Nov 3, 2021 ▶ 22:44 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
Nov 3, 2021
Assertion Supported
Al-Naji: Early VCs own no equity, only DESO tokens
“All of them actually don't own, importantly, they don't own equity in anything. All of their interest is in the same Asset that you or I hold, which is DSO.”
Nader Al-Naji Nov 3, 2021 ▶ 23:58 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
Nov 3, 2021 neutral
Disclosure
Al-Naji: I told celebrity investors to hold off using BitClout early
“No, no, that's actually mostly me. So we have a lot of people who are, like, really big names, not just in VC, but also, like, in Hollywood and all that stuff who bought DSO. And they asked me, like, Natter, like, is now the time, like, to really, like, bring …”
Nader Al-Naji Nov 3, 2021 ▶ 1:09:02 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
Nov 3, 2021
Assertion Partly supported
Al-Naji: DeSo raised 5,000 BTC via 44,000 automated transactions before incorporating
“You know, that 5000 Bitcoin I mentioned all that money actually came in before there was any corporate entity set up to do anything. And so essentially the way it worked was the blockchain was running, and if you sent Bitcoin to this treasury wallet the blockc…”
Nader Al-Naji Nov 3, 2021 ▶ 18:53 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
Nov 3, 2021 neutral
Assertion Not checkable as stated
Returning $140 million to Basis investors depleted Al-Naji's personal savings
“With Basis my last company where I raised a hundred forty million and returned it I actually had less money after that in, in my bank account than when I started it, which is basically about three years of runway from my, like, Google and D.D. Shaw savings, ri…”
Nader Al-Naji Nov 3, 2021 ▶ 46:45 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
Nov 3, 2021 neutral
Opinion
Shaan Puri: BitClout has a sub-5% chance of succeeding, but huge payoff
“I'm not saying that this one will work. I think there's still probably a sub five percent chance that this works. And I said, but if it works, the payoff is huge.”
Shaan Puri Nov 3, 2021 ▶ 50:12 The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
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