/ Insights
/Kyle Samani Speaks with BlockchainBrad about Crypto Investments
Today BlockchainBrad speaks with Multicoin Capital's Managing Director, Kyle Samani. We talk candidly about crypto investment, their investment thesis, and we talk in detail about Arweave.
/Blizscaling: How a Crypto Startup Rapidly Grows a Global Business
Kyle Samani, Managing Director at Multicoin Capital joins Binance CFO Wei Zhou to discuss Multicoin Capital’s research on Binance as one of the fastest scaling startups in tech. Wei shares his Binance stories as well as insights on the Indian crypto marker and Binance’s recent acquisition there.
/Live from DAS Markets 2019: Investing in Infrastructure
Live from DAS: Markets 2019, a panel on investing in infrastructure featuring: Lucinda Shen, a writer at Fortune Magazine as moderator, with Kyle Samani, Co-Founder & Managing Partner, Multicoin Capital, David Pakman, Partner, Venrock Associates, and Travis Kling, Founder & Chief Investment Officer, Ikigai Asset Management.
/The Bear Case for Privacy Cryptocurrencies
Privacy is a fundamental right and crucial for the world of crypto - so why are some investors betting against privacy coins? Multicoin Capital's lead analyst Ryan Gentry joins me in discussing: Why privacy is a feature, not a product; Bearish thesis for Monero & ZCash; How Bitcoin & Ethereum can achieve privacy; and Lightning Network & privacy.
Earlier this year we published an analysis on Binance and Binance Coin ($BNB), which was the culmination of several months of research and diligence. Since then, we’ve carefully watched as the company has continued to grow at an astonishing pace. To the casual observer, it’s easiest to explain Binance’s rapid growth using Reid Hoffman’s words in Blitzscaling.
Today I’m excited to announce our investment in Arweave, a new protocol and blockchain pioneering an entirely new idea: permanent data storage. Arweave is the foundation of the Permaweb, a critical piece of infrastructure in the Web3 stack. We invested alongside our friends at a16z crypto and Union Square Ventures.
The largest profit centers of crypto—the exchanges—are generally under analyzed from a strategic lens, especially given their systemic importance to the space as a whole. This is especially true given that the public can invest in the success of the exchanges through each exchange’s respective token (with the exceptions of the US-based exchanges, BitMEX, and Deribit).
/Welcoming Tony Sheng and The Next Steps For Multicoin Capital
Today I’m excited to announce that Tony Sheng has joined Multicoin Capital as a Principal on the investment team. With deep experience as a product leader at companies like Google, AltspaceVR (acquired by Microsoft), and Decentraland, he brings a unique, user-focused perspective to the firm and the ecosystem as a whole. He’ll be based in Los Angeles, and will be working on new deals and helping our existing portfolio companies.
/Privacy Is a Feature, Not a Product
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Privacy is a feature of valuable cryptocurrencies, not a product offering in and of itself. Users should not have to take balance sheet risk (e.g. by selling some BTC or ETH for ZEC) on less valuable and less secure cryptocurrencies in order to achieve financial privacy. This essay will argue that general platforms like Bitcoin and Ethereum already offer sufficient privacy guarantees for most users to never need niche privacy-focused blockchains.
Vitalik conceived Ethereum as the world computer: a single, composable, open, permissionless state machine that could run trust-minimized code. And while Ethereum was a breakthrough on many fronts—P2P layer, deterministic state machines, composable smart contracts and more—it was lacking in many others.