Podcast Episode Details
Back to Podcast Episodes
Thinking Like a VC: Crypto Startup Investment
We analyze whether a crypto tied to real estate could become a widespread default currency. Benefits could include transparency and minimizing money extraction by institutions. Risks include incentivizing overdevelopment and mispricing assets. We explore impacts on society, investing prospects, and probability of mainstream adoption.
Malcolm Collins: [00:00:00] I hope that this talk has helped listeners who don't understand like what VCs are actually thinking or what's going on in the world of like people who are pricing assets or deploying capital how they think about things.
And and how they think about the future because I think this has been a good like educate to give like a broader picture on this. And I think it might be something that I might do, you know, if it does well, or if people like it recurringly just sort of analyze ideas in sort of a critical way that can help the average person understand what's actually going on with all this
Would you like to know more?
Malcolm Collins: Hello!
It is wonderful to be with you here today. We have a guest today who was actually a fan of the show Chris Lehman, who reached out. You know, a very typical profile of a lot of the fans when we meet them, which is smart entrepreneur, you know, Harvard grad, like, working on a cool project. And we were talking about the project he was working on and it got me thinking oh, sorry, before I go any further, I do, I do need to point out why is Simone not with us [00:01:00] today? She has pneumonia and she is pregnant which means she can't do all the normal medications you would do if you got pneumonia. And so she's just been laid out, you know, in and out of the hospital recently, but you know, fingers crossed she's fine.
But I'm able to do this, this wonderful interview. So, so we were talking about his project is in the crypto space. And I was like, well, you know what I could do, what everybody does in the crypto space these days is there's all these shows that like shill projects in the crypto space, right? Like they're like, Oh, this is so cool.
And everything like that. And I was like, you know what I think our audience would prefer, which is like a really. Sort of, critical dive into one, the project, and I'm going to look at it from a few angles. Um, you know, will it make the world a better place? Which I think is always something you're sort of thinking of when you're talking about Web3 technology.
Two, is it a good immediate investment? Like if you had capital, like me as a former VC would I invest in it? And three, what is the probability of it achieving its long term [00:02:00] objective? And so that's what we're going to go over. So, maybe the audience is like this, maybe the audience won't, but I'd love you to start by talking a little bit.
And I, I always want to promote, you know, when I have audience members who are working on stuff, I always want to do what I can to promote that stuff so long as I think it's, it's like broadly in line with, with what we're doing that the community is doing. So start by going over what your project is.
Chris Lehman: Yeah, absolutely. And thanks for the kind words and hope someone feels better soon. Definitely wouldn't want the, the kids go kid gloves treatment here on the podcast. Uh, um, but yeah, so, so I guess to start briefly before I go into the, I guess, full pitch and envision groma, which is my current project is a real estate and fintech company here in boston, about three years old and has the long term goal of launching a real estate backed cryptocurrency will go into significant detail.
I expect about. Why that's actually a good thing. Or you know, people can decide on on the merits of that. But you know, I think fundamentally, the [00:03:00] project is motivated by the idea that society works best when financial gains are coupled with
Published on 1 year, 11 months ago