When Shift Happens Podcast

E93: BASE Creator Jesse Pollak - Why Most Crypto Traders Lose (And What to Do Instead)


Listen Later

Jesse Pollak is the creator of Base, Coinbase's ethereum layer 2 network offering a secure, low-cost way for anyone to build decentralized apps onchain. He is also the Lead at Coinbase Wallet and a member of the Coinbase Exec Team.

In this conversation, Jesse shares his deeply personal journey of building Base, from the intense pressure of early ideation to the physical and emotional toll of its launch.
He opens up about almost quitting, losing 20 pounds from stress, and how his wife's intervention helped him through the darkest moments.
Beyond the struggles, Jesse discusses his ambitious vision for an onchain future, predicting that "everything will be onchain in 5 years."
From his unique background in Quaker schools to his unconventional problem-solving methods, Jesse offers rare insights into what it takes to build a platform that could transform how billions of people interact with the digital world.
In this episode, we explore:
- Jesse’s mind and struggles
- What gave him a big chip on the shoulder
- How hard the beginning of Base was on a personal level
- Why the most successful products in crypto DO NOT have a token
- The Coinbase’s centralization Paradox
- How Jesse built the leading Ethereum Layer 2 in the crypto space.
- Why Jesse owns a Cryptopunk
- What it takes to be a successful founder in crypto
__________________________________
FOLLOW JESSE POLLAK
• Twitter: https://x.com/jessepollak
• LinkedIn: https://www.linkedin.com/in/jessepollak/
• Website: https://jesse.xyz/
• Base Twitter: https://x.com/base
• Coinbase Twitter: https://x.com/coinbase
FOLLOW KEVIN & WHEN SHIFT HAPPENS👇
Twitter (X): https://x.com/KevinWSHPod
Instagram: https://www.instagram.com/kevinwshpod/
TikTok: https://www.tiktok.com/@kevinfollonier_
Linkedin: https://www.linkedin.com/in/kevinfollonier/
Website: https://www.podpage.com/when-shift-happens/
__________________________________
PARTNERS
🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana.
https://jup.ag/
🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation.
Sign up with this link and earn up to €100 : https://join.swissborg.com/r/kevinH6E7
♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies.
https://www.coinsilium.com
🍷 Dvin is building the operating system for the $100 billion wine industry.
https://www.dvinlabs.com/
__________________________________
DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.
__________________________________
0:00 Introduction
1:33 Please Subscribe
1:54 Our Valued Sponsors
2:11 Driving Coinbase's On-Chain Evolution
6:18 Who is Jesse Pollak
7:45 Mission for Innovation and Freedom
9:42 Successful Crypto Founder Traits
13:55 Technical vs. Management Skills
17:34 Crypto Punk Identity
20:34 Starting a New Chapter
25:03 Crypto Currency Fascination
29:52 What is Base
32:02 DVIN Partnership
32:25 Launching Base
36:29 Coinbase's Centralization Paradox
42:22 Criticism of the Base Ecosystem
45:21 Building Real Value at Base
48:46 Prioritizing Product Over Tokens
56:19 3 Questions to Mainstream Crypto
57:33 How is Crypto Good for Humanity
59:00 How does Crypto Benefit my Mother
1:01:16 How do I Use Crypto
1:02:20 Optimism Within Crypto
1:04:48 Access in the Crypto World
1:06:45 Emotional Resilience in Crypto
1:09:40 Pressure of an Entrepreneur
1:15:46 Feeling of Giving Up
1:19:11 Passion for Writing and Photography
1:22:49 Non-Consensus Beliefs
1:24:30 Predictions for the Next 12 Months

...more
View all episodesView all episodes
Download on the App Store

When Shift Happens PodcastBy Kevin Follonier

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

7 ratings


More shows like When Shift Happens Podcast

View all
Unchained by Laura Shin

Unchained

1,210 Listeners

Real Vision: Finance & Investing by Real Vision Podcast Network

Real Vision: Finance & Investing

913 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,838 Listeners

The Breakdown by Blockworks

The Breakdown

741 Listeners

On The Brink with Castle Island by Castle Island Ventures

On The Brink with Castle Island

285 Listeners

Bankless by Bankless

Bankless

1,028 Listeners

The Wolf Of All Streets by Scott Melker

The Wolf Of All Streets

227 Listeners

Empire by Blockworks

Empire

166 Listeners

Supply Shock by Blockworks

Supply Shock

112 Listeners

Raoul Pal: The Journey Man by Real Vision Podcast Network

Raoul Pal: The Journey Man

139 Listeners

Forward Guidance by Blockworks

Forward Guidance

273 Listeners

The Milk Road Show by The Milk Road Show

The Milk Road Show

37 Listeners

web3 with a16z crypto by a16z crypto, Sonal Chokshi, Chris Dixon

web3 with a16z crypto

61 Listeners

Bell Curve by Blockworks

Bell Curve

36 Listeners

Lightspeed by Blockworks

Lightspeed

23 Listeners