July 22, 2021

Crypto Venture Capital Series Ep. 4: Andrew Kang of Mechanism Capital

58 minutes

The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Andrew Kang, Co-Founder and Managing Partner at Mechanism Capital, a fund interested in all aspects of the crypto ecosystem with a focus in DeFi. The two discuss token economics, value accrual, incentives for teams, and more.

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Show Notes:

(2:50)- First Question: Andrew's Background and Mechanism Capital overview.

(5:42)- How Andrew allocates his time for projects.

(12:12) - Andrew's thoughts on community investing and party rounds.

(14:17) - How Andrew builds conviction in a team as a retail investor.

(16:50) - Founders / red flags / anonymous founders.

(23:17) - Andrew’s biggest miss or loss and what he learned from it.

(26:00) - Andrew's biggest edge as an investor in crypto.

(30:47) - Projects that crushed their token economics from the get-go.

(32:43) - Thoughts on token economics and incentives.

(35:00) - Andrew's thesis on PleasrDAO and NFTs.

(41:22) - DAOs maintaining their decentralization long-term.

(46:25) - Thoughts on the future of VC investing in crypto.

(50:29) - When Andrew thinks crypto will be not as interesting.

(52:25) - Andrew's best advice.

(55:23) - Who Andrew looks up to in the crypto space.

Resources:

Andrew Kang: Co-Founder and Managing Partner, Mechanism Capital

Mechanism Capital Website

Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q

Access Delphi's Research Here: https://www.delphidigital.io/

Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain React

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