Welcome to 'On a Tangent' episode 1 , a special segment of Blockcrunch!

Jason and Darryl, the co-founders of prop crypto fund Tangent, sit down to discuss:

- How Tangent began
- Tangent’s investment strategies that led to top percentile returns since inception 
- Biggest wins and losses
- Trading vs venture investing
- How to succeed as an Analyst

And much, much more

Host: Jason Choi @mrjasonchoi . Not financial advice.
--
Timestamps:
(00:00) Introduction
(01:19) What is Tangent Ventures?
(08:22) What is an ‘evergreen fund’
(10:09) Angel, Venture, LP, and Liquid investing 
(10:00) Employee-owned
(13:59) Crypto investment categories
(16:00) NFT investing strategy 
(18:30) Coordination networks 
(21:02) Tangent’s thesis categorization 
(21:54) Tangent’s big wins
(27:10) Trading vs venture execution 
(29:49) Stacks: Bitcoin L2 & Ronin: Web3 Gaming
(35:38) ETH/BTC
(40:46) Investing mistakes 
(47:15) Investment process & team structure
(1:03:03) ETH ETF implications
(1:10:15) BTC thesis 
(1:14:19) Arweave thesis
(1:21:20) Q&A
(1:31:34) Darryl’s biggest lose in crypto
(1:33:27) Succeeding as an Analyst 
(1:38:20) Continuing to learn 
(1:43:12) Outro
--
Twitter accounts:
Jason Choi’s Twitter:
https://twitter.com/mrjasonchoi

Darryl Wang's Twitter:
https://x.com/0xWangarian

Blockcrunch Twitter:
https://twitter.com/theBlockcrunch
--
Blockcrunch VIP:
 https://blockcrunch.substack.com/
--
Disclaimer:
The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.
Full disclaimer:  https://blockcrunch.substack.com/about

On a Tangent #1: How We 4x'd Our Fund in the First Year - Darryl Wang and Jason Choi

Maven11 is one of the foremost crypto-venture funds renowned for its early trend detection and deep focus on the infrastructural layer of the crypto space. In this episode, we dive into the secular trends that crypto investors should be aware of, particularly the Modular Blockchain thesis.

Watch this episode to keep up with the next wave of blockchain evolution and its potential to shape the future of the crypto landscape

Chief Investment Officer Balder Bomans and Mathijs, Associate Partner of Maven11 shares with us:
- What exactly is the Modular Blockchain thesis
- Which layer accrues the most value in Modular Blockchains
- 4 interesting verticals other than Modular Blockchains

Host: Jason Choi @mrjasonchoi . Not financial advice.


Timestamps:
(00:00:00) – Introduction to Maven11
(00:03:38) – How Maven11 came about
(00:08:19) – Maven11’s secret to forming theses
(00:12:48) – Real-world Assets, Credit & Privacy
(00:16:15) – Modular Blockchains thesis
(00:20:25) – Data Availability
(00:25:02) – Future of Roll-Ups
(00:31:15) – Roll-Ups-as-a-Service
(00:37:09) – Value accrual across layers


Sponsor message:
Filecoin is enabling open services for data, built on top of IPFS.

Today, Filecoin focuses primarily on storage as an open service, but looks to build the infrastructure to store, distribute and transform data.

Read the full 30-page report on the future of Filecoin written by Blockcrunch over here: https://bit.ly/41gLdUm


More Resources:
Guest
Maven11’s Twitter: https://twitter.com/gizatechxyz
Maven11’s Substack: https://maven11.substack.com
Balder’s Twitter: https://twitter.com/BalderBomans
Mathijs’s Twitter: https://twitter.com/MathijsvEsch

Blockcrunch
Blockcrunch VIP: https://blockcrunch.substack.com/
Blockcrunch Twitter: https://twitter.com/theBlockcrunch
Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

 
Disclaimer:
The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Crypto, blockchain, cryptocurrencies, cryptocurrency, Bitcoin, Ethereum, investing, venture capital, investments, DeFi, NFT

The Blockcrunch Podcast with Jason Choi Transcript on Youtube

On a Tangent #1: How We 4x'd Our Fund in the First Year - Darryl Wang and Jason Choi

Top Crypto Fund on What's Worth Backing in Crypto - Balder and Mathijs from Maven 11, Ep. 243