Crypto Venture Capital Series Ep. 5: Santiago Santos of Parafi Capital
The Delphi Podcast23 Heinä 2021

Crypto Venture Capital Series Ep. 5: Santiago Santos of Parafi Capital

The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Santiago Santos, General Partner at Parafi Capital, an alternative investment firm focused on blockchain and decentralized finance markets. The two discuss game theory, psychology in crypto, finding that fund-returning play, and more.

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- Show Notes:

(2:33)- First Question: Santiago's Background and Parafi Capital overview.

(4:04)- How Santiago allocates his time for projects.

(11:02) - Getting buy-in for a project post-investment.

(12:55) - Sizing up the founding team quantitatively and qualitatively.

(15:58) - How retail investors get comfortable without access to the core team.

(26:28) - Concentration vs. Diversification.

(28:45) - Investing in themes.

(34:15) - Copying and pasting old things that worked vs. actually having a new idea.

(36:25) - Making bets on other L1s despite existing L1s.

(46:26) - Token incentives from an investor and user perspective.

(53:04) - Santiago's process for working with a team.

(58:56) - Skepticism when doing due diligence on a project.

(1:01:16) - Santiago's best advice.

(1:03:56) - The best advice Santiago's ever gotten.

(1:11:08) - Plays that changed Santiago's life / the world / someone else's life.

(1:17:02) - Santiago's favorite book on game theory.

Resources:

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Disclosures: This podcast is strictly informational and

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