Crypto Venture Capital Series Ep. 1: Arthur Cheong of DeFiance Capital
The Delphi Podcast19 Juli 2021

Crypto Venture Capital Series Ep. 1: Arthur Cheong of DeFiance Capital

The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Arthur Cheong, founder & portfolio manager at DeFiance Capital, Asia's largest DeFi focused crypto fund. The two discuss biggest wins and losses, effective due diligence, traits of successful crypto communities, and more.

We would like to thank our sponsors for making this podcast possible.

Cosmos: Cosmos is on a mission, link one million blockchains. Name brand projects like Terra, Band, Kava, and Secret use Cosmos and the Cosmos Hub to connect to every other chain in our network. Learn more at cosmos.network.

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Every Delphi Podcast is dropped first as a video interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to gain exclusive early access to every new interview before it's published.

- Show Notes:

(1:50) First Question: Arthur’s Intro and What is DeFiance Capital.

(2:17) How long have been the fund around / how many deals have DeFiance done at a high level focus on tokens or equities.

(2:48) How DeFiance works.

(8:12) How Arthur draws the line on new areas to invest in.

(12:30) Differences between traditional venture investing and VC in crypto.

(19:36) Founders / How Arthur sizes up founders /red flags that avoid investing in a founder / anonymous founders.

(31:04) Arthur’s thoughts on founders giving up control to the community.

(33:26) Concentration versus diversification.

(40:53) How Arthur allocates his time to funds or projects.

(43:46) The best advice Arthur’s ever gotten from a crypto founder / the best advice that Arthur’s ever given someone on crypto.

(46:45) How much cash Arthur has in the fund and what he thinks about it.

(48:41) Arthur’s thoughts on global markets and how it affects crypto.

(51:59) Arthur’s thoughts on a situation where governments take a very aggressive stance against crypto.

(55:00) What was Arthur biggest loss, why did he miss it, and what is he going to do for the future so it doesn’t happen again.

(58:36) Arthur’s thoughts on invest in the L1s.

Resources:

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Disclosures: This podcas

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