Brooke Pollack: From A $8B Venture Capital Platform To A Crypto Fund of Funds

Brooke Pollack: From A $8B Venture Capital Platform To A Crypto Fund of Funds

Host Tom Shaughnessy talks to Brooke Pollack, Founder and Managing Partner of Hutt Capital. They discuss the differences between traditional VC funds and VC within blockchain, how Hutt Capital chooses investments and more.

Episode Highlights:

  • After a lot of work with investing and VC, Brooke steered Greenspring Associates into work with crypto and blockchain before eventually founding Hutt Capital.
  • In his work with very wealthy families as clients, Brooke had trouble convincing them to invest in Bitcoin and digital currencies because they prefer something tangible, so he needed to do a lot of educating.
  • Blockchain is growing its market share of VC deal activity.
  • There were over 600 blockchain deals in 2019.
  • Brooke thinks the tipping point for when larger firms will have to stop ignoring crypto is when they’re forced to pay attention to the returns they see happening that they want to have a part of.
  • Hutt’s goal is to provide diversified exposure to blockchain in a low-risk, low-volatility way.
  • They invest in startup funds and then use that revenue to directly invest in the best companies.
  • When deciding what to invest in, Brooke looks for insight from his network and the reputation of the companies.
  • Hutt has a global outlook.
  • In choosing what to invest in, in the blockchain space, you don’t have the track record or long-term reputation to look at because most of these companies haven’t existed for very long, and if they have, the market has changed massively in that time.
  • All of this decision making is done through relationship building, which can take years.
  • One of the biggest structural changes to venture funds has been the advent of hybrid funds that call themselves venture funds, but are actually just less liquid versions of hedge funds.
  • Most people will simply not invest in your first fund, so take a long view of those relationships.
  • It’s hard to prove your qualifications to invest in this space without having done it.

Key Points:

  1. There is a high level of self-educating that is required to enter into the blockchain space.
  2. Hutt Capital seeks to provide an entry point to blockchain investing that is low-risk and low-volatility.
  3. Choosing funds is all about relationship building.

Quotes

  • “I think it’ll happen sooner than later. I think the education process a lot of these groups are going through over the next year or two will lead to meaningfully more institutional capital coming into the space.” –Brooke Pollack

  • “Looking at funds in this space versus general venture investing, you don’t have the breadth of a track record to go off of… Most of these funds haven’t been around for more than a couple of years.” –Brooke Pollack

  • “It’s hard to prove that you can be successful as an investor in this space if you have not yet been an investor in this space.” –Brooke Pollack

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Derek Yoo: Exploring the Moonbeam and Moonriver Ecosystem, the Role of EVM in Multi-Chain, and Use-Cases of Application-Specific Blockchains

Derek Yoo: Exploring the Moonbeam and Moonriver Ecosystem, the Role of EVM in Multi-Chain, and Use-Cases of Application-Specific Blockchains

In this episode, we sit down with Derek Yoo, Co-founder of PureStake, Moonbeam and Moonriver. Moonbeam and Moonriver are generalized EVM-compatible Parachains on Polkadot and Kusama respectively. We dive into the Moonbeam ecosystem, use-cases for application-specific blockchains, building multi-chain dApps, and much more! Social links:  Derek’s Twitter PureStake Twitter Moonbeam Twitter Moonriver Twitter Resources:  PureStake Website Moonbeam Website  Delphi Podcast Summaries More 📺 Watch Video Interviews 💬 Follow Delphi Podcast on Twitter ✅ Follow Delphi Digital on Twitter 🧠 Access Delphi's Research

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Lyn Ulbricht and René Pinnell: A Mother and Best Friend’s Mission To Free Ross Ulbricht of Silk Road

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15 Feb 202253min

CryoSecurity: Crypto Security Horror Stories, Personal Best Practices, and Preserving Privacy Online

CryoSecurity: Crypto Security Horror Stories, Personal Best Practices, and Preserving Privacy Online

In this episode, we sit down with security expert Logan from CryoSecurity, a cryptocurrency security consultancy firm. We discuss lesser known attack vectors, social engineering attacks, personal best practices, and much more! Show Notes:  (00:00:00) – Introduction. (00:06:16) – Security horror stories and lesser known attack vectors.  (00:14:48) – Attack vectors that scare Logan. (00:19:56) – Social engineering attacks.  (00:25:44) – Advice to anonymous teams / VPNs.  (00:35:40) – Personal security best practices.  (00:56:47) – Advice for funds, founders, and teams.   (01:01:04) – Closing.    Resources:  CryoSecurity Twitter CryoSecurity Website Browser fingerprinting VPN comparison chart VPN comparison chart 2 Data breach website Email alias service Email alias service 2 Delphi Podcast Summaries More 📺 Watch Video Interviews 💬 Follow Delphi Podcast on Twitter ✅ Follow Delphi Digital on Twitter 🧠 Access Delphi's Research 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 and members at Delphi Digital may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.

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8 Feb 20221h 1min

DISRUPTORS: Redefining Immersion, Play, and Game Economies with Brooks Brown

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Emin Gün Sirer: Problems with L2 Scaling Solutions, Avalanche Subnets Explained, and MEV on Snowman++

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Fan Controlled Football: Reinventing Sports Spectatorship for the Digital Age

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