What Bitcoin Did with Peter McCormack

Brad Stephens & Spencer Bogart on How Venture Capital Thinks About Bitcoin Investing

07.02.2019 - By Peter McCormackPlay

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Interview Location: San Francisco

Interview Date: 24th June ‘19

Company: Blockchain Capital

Role: Brad - Co-founder & Managing Partner | Spencer - General PartnerBlockchain, Cryptocurrency and Bitcoin are terms with different meanings to different people. They have been used to inflate valuations ahead of funding and drive ICOs. So, how do you tell a good investment from a bad one? I sat down with Spencer and Brad from Blockchain Capital, one of the first venture capital firms investing in the blockchain and cryptocurrency space.As well as insight into how they pick an investment and the verticals they are currently interested in, we also discussed:

- Their background and how they started the fund

- Bitcoin vs other cryptocurrencies

- Views on Ethereum

- Libra Coin being a win/win for Bitcoin

- Lightning Network

- If it is possible to make money building utility on top of Bitcoin

- Looking for a Unicorn

- Differences between investing in Bitcoin and traditional markets

- What to consider when approaching a company to raise a round of funding

- What they are currently looking to invest in

- What entrepreneur should look for in Investors-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:

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