The Blockcrunch Podcast

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


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

Jason and Darryl, prop investors at 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.

--

Tangent is a private holdings company managing personal assets and is not a licensed investment advisor nor does it manage or accept any external capital. Nothing discussed is a solicitation for investment and is for entertainment purposes only.

--

Timestamps:

(00:00) Introduction

(01:19) What is Tangent Ventures?

(08:22) What is an ‘evergreen portfolio’

(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

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