Li Jin

Co-founder and General Partner, Variant · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorfounderauthorhost@ljin18 ↗li-jin.co ↗

Li Jin is a venture capitalist who focuses on the creator and passion economy. She is a co-founder and general partner at Variant and was previously an investment partner at Andreessen Horowitz.

9statements → 3claims → 1claims resolved → 3.78/5average certainty → 2.33/5average debate potential →

1 supported 0 partly supported 0 contradicted 2 not checkable as stated how the 3 claims stand · each chip opens the sources

2 predictions · 1 assertion · 4 insights · 2 disclosures · every statement was checked. The predictions and assertion are the 3 claims: statements the public record can support or contradict. 1 is resolved, and 2 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Li argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Jin: DeFi protocols remained resilient and operational throughout the crypto crash
“All of the DeFi protocols are still working, but they've been incredibly resilient during this period of broader turmoil. And I think it's really important to note that because in those instances and in the DeFi world, users know exactly what is happening with…”
Li Jin Jul 21, 2022 ▶ 56:20 Betting Big on Web3 with Li Jin

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Li Jin on measured tape to publish a rate. This says nothing about how they speak.

Everything Li Jin said on the Startup Ideas Podcast that made the record, most notable first. Filter by type, assessment or year in the ledger →

Insight
Jin: Play-to-earn economies require net-spending whales to avoid Ponzi structures
“There needs to be another contingent of players, which does exist in most games. It's the whales who are spending more money than they earn out. And that is the only way that the economy of the game can be in balance without necessarily relying on the poncinom…”
Li Jin Jul 21, 2022 ▶ 1:04:47 Betting Big on Web3 with Li Jin
Disclosure
Jin: Multi-year token lockups are virtually universal for crypto VC funds
“So usually I would say in the deals that I've been a part of lockups are very, very common, if not just Universally present. And furthermore, those lockups are really long like multi-year lockups. And for venture firms, I mean, venture firms are structured as …”
Li Jin Jul 21, 2022 ▶ 59:56 Betting Big on Web3 with Li Jin
Prediction Not checkable as stated
Li Jin: Next cycle will produce a sustainable play-to-earn game
“I think in this next cycle, someone is going to crack that and design a game economy that is actually sustainable and functions.”
Li Jin Jul 21, 2022 ▶ 1:02:11 Betting Big on Web3 with Li Jin
Prediction Not checkable as stated
Jin: Simple games will figure out Web3 before AAA studios
“I think you can get there with pretty simple game dynamics like what Neopets had. Neopets was literally playable on a dial up modem. And so I think those are the games that are going to figure it out first in advance of the AAA games that probably will take fi…”
Li Jin Jul 21, 2022 ▶ 1:06:10 Betting Big on Web3 with Li Jin
Insight
Li Jin: Neopets served as an early dial-up metaverse
“Neopets was the metaverse, but on a dial up internet connection.”
Li Jin Jul 21, 2022 ▶ 6:50 Betting Big on Web3 with Li Jin
Insight
Li Jin: Crypto enables users to earn project ownership alongside income
“Crypto was this new way for people to earn an income online and not only could they earn an income, they were actually earning ownership in the projects that they were participating in which I thought was so interesting and something that had never been possib…”
Li Jin Jul 21, 2022 ▶ 30:47 Betting Big on Web3 with Li Jin
Insight
Li Jin: Web2 platforms excluded contributing users from equity value accrual
“A lot of the value came from the equity value of these companies and that accrued to very, very small group of people, investors, founders, early employees, executives, et cetera. And notably who's missing from that is the participants on the platforms themsel…”
Li Jin Jul 21, 2022 ▶ 47:36 Betting Big on Web3 with Li Jin
Assertion Supported
Jin: DeFi protocols remained resilient and operational throughout the crypto crash
“All of the DeFi protocols are still working, but they've been incredibly resilient during this period of broader turmoil. And I think it's really important to note that because in those instances and in the DeFi world, users know exactly what is happening with…”
Li Jin Jul 21, 2022 ▶ 56:20 Betting Big on Web3 with Li Jin
Disclosure
Jin broke into Andreessen Horowitz by cold-applying on their public website
“I actually cold applied to Andreessen Horowitz on the website as a last ditch attempt to not have to go to business school.”
Li Jin Jul 21, 2022 ▶ 19:27 Betting Big on Web3 with Li Jin

Appearances (1)

EpisodeDateSpeaking time
Betting Big on Web3 with Li Jin Jul 21, 2022 25m
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