Alyse Killeen is the Founding Partner at Stillmark, a Bitcoin focused VC firm.  
Alyse and I spoke about her focus on investing in Bitcoin companies, the things Alyse looks for in founders and startup pitches, and the particular segments of Bitcoin and the Lightning Network she is most excited about in 2022.  
→ Stillmark: https://www.stillmark.com/ 
The Lightning Round is sponsored by Voltage, where you can ask me questions over the Lightning Network.    
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→ Use code KEVINROOKE to get 50% off your first month's Lightning node    
At the end of every show I answer any questions listeners send in over the Lightning Network.    
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01:15 - Alyse Killeen Intro 
03:42 - Why Is Stillmark Focused on Bitcoin?  
08:33 - Investing in Bitcoin vs. Bitcoin Companies 
10:39 - Emerging Bitcoin Companies 
20:28 - Investing in Tokens vs. Equity 
23:03 - Is Bitcoin Innovation Constrained by Capital?  
25:30 - Can There Be Too Much Capital in Bitcoin Companies? 
29:22 - Down Rounds in VC Investing 
33:34 - Benefits of Investing In Bitcoin Startups 
38:14 - Web 2 Monopolies vs. Bitcoin Companies  
42:57 - Competitive Moats for Bitcoin Companies 
47:26 - Investing in the Lightning Network 
49:19 - Should Large Bitcoin Holders Fund Bitcoin Companies? 
54:04 - Deciding Which Founders To Invest In 
01:01:53 - New Lightning Payment Applications 
01:04:39 - Lightning Adoption & Earning Bitcoin 
01:11:08 - Bitcoin's Role in Web 3.0  
01:15:56 - What Areas of the Internet will Integrate Lightning? 
01:19:25 - How Will Newcomers Interact with Lightning? 
01:24:07 - The Lightning Round