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crypto

3 statements across 3 episodes · 1 bullish · 2 bearish · 3 people on the record · first statement Feb 15, 2023 by Mike Silagadze · across every show →

Everything said about crypto, oldest first

Feb 15, 2023 negative
Opinion
Silagadze: 90% to 95% of all crypto activity is just gambling
“And even today, I would say, you know, pick a number, 90, 95% of the activity that happens in crypto is various forms of gambling.”
Mike Silagadze Feb 15, 2023 ▶ 18:26 Mike Silagadze, Founder of TopHat ($200M+ Raised) | How to Start your Second Startup · PMF Show
Jan 13, 2025 positive
Insight
Founders building crypto in SF in 2023 were true believers
“If you show me a person who's building something in crypto, living in San Francisco, and was working on it in twenty-twenty-three, I will guarantee you that they are, like, a true believer and probably excellent.”
Zach Abrams Jan 13, 2025 ▶ 24:22 He sold his startup to Stripe for $1.1B—in just 2.5 years. | Zach Abrams, Co-Founder of Bridge · PMF Show
Sep 7, 2026 negative
Opinion
Schumm says 2021 VCs threw cash at fake crypto businesses
“So they were all chasing, all the investors were chasing things that I'm like, that's not even a real business. And you're throwing cash. And I'm like, we have a real business.”
Aaron Schumm Sep 7, 2026 ▶ 31:50 VCs passed on his "boring" startup—raises $385M at a $2B valuation | Vestwell
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