Episode Details

Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Ryan Singer of Chia.net. Chia is building a more eco-friendly cryptocurrency which harnesses cheap and abundant unused storage space on hard drives. Chia raised $4.17 million of seed funding led by Naval Ravikant along with Andreessen Horowitz, Greylock, True Ventures, Danhuacap, DCM, MetaStable and other undisclosed investors. In this episode Ryan talks about how Chia differs from Bitcoin and other coins, raising capital from Naval and VCs, the Company's upcoming Reg A+ public offering (and why they are not currently doing a token sale), and whether crypto currencies is a "winner take all" market.