CryptoNews Podcast

#494: Santiago Roel Santos, CEO of Inversion, on Crypto’s Valuation Problem, Mental Models, and the Current State of Crypto


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Santiago Roel Santos is the founder and CEO of Inversion a crypto-native holding company that acquires and transforms traditional businesses using blockchain technology. He is among the most active investors in crypto, having backed over 150 startups and many industry leaders over the past decade. Previously, Santiago was a Partner at ParaFi Capital, an institutional blockchain investor managing over $1 billion. He also held investment roles at Sageview Capital, a $2 billion growth equity firm focused on software and tech-enabled businesses, and at JP Morgan’s Investment Banking Financial Sponsors Group. 

In this conversation, we discuss:

- Santiago's recent substack post
- You don’t value casino flow like recurring software revenue 
- Infrastructure vs application value
- Crypto’s valuation problem
- Why most blockchains today are overvalued and how value will flow to the businesses built on crypto rails
- Mental models
- Systemic friction is a huge business opp
- Techno-optimism is at an all-time high
- Prediction markets are a better version of the media

Inversion
X: @inversion_cap
Website: inversioncap.com
LinkedIn: Inversion

Santiago Roel Santos
X: @santiagoroel
LinkedIn: Santiago R.

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