Joey Krug speaks about evaluating investments at Pantera Capital, why healthcare, finance, energy, and government are ripe for disruption, why too much money is bad for entrepreneurs, why location matters for funds but less for projects, how incumbent tech companies deal with blockchain technology and tokens, why blockchains won’t transform information, why people don’t care about their privacy and how to overcome that, why progress is much faster than we notice, how Augur got support for Trezor wallets, his experience as a Thiel fellow, why the cost of a university degree far outweighs its value, why theory and practice often differ, why UI/UX is the most important thing that should improve in the blockchain space, and why he would love to fast forward to the year 2048.
Joey Krug is the co-founder of Augur, a prediction market and one of the first ICO on Ethereum. He is also co-chief investment officer at Pantera Capial’s crypto hedge funds. Before joining Pantera, Joey built a point of sale system enabling Bitcoin payments with sound and Bluetooth, and he also started an AngelList syndicate that is now one of the top fifteen by backing.
Joey Krug: https://www.linkedin.com/in/joeykrug,
www.twitter.com/joeykrug AngelList syndicate:
angel.co/joeykrug Pantera Capital: https://www.panteracapital.com, https://twitter.com/PanteraCapital
Augur: https://www.augur.net, https://twitter.com/AugurProject
Peter Thiel’s book “Zero to One”: https://www.goodreads.com/book/show/18050143-zero-to-one
Bitcoin white paper: https://bitcoin.org/bitcoin.pdf
Ethereum white paper: https://github.com/ethereum/wiki/wiki/White-Paper
The Blockchain and Us newsletter
To stay up to date about what blockchain pioneers, innovators and entrepreneurs from all around the world think about the future of this space, sign up for the
Related Episodes and Posts November 21, 2018 Why Crypto Funds Have to Become Tech Companies – Ryan Yi, Investment Analyst at CoinFund November 14, 2018 Why China Will Be the World’s Largest Token Economy – Tony Tao, Founder of X-Order, Founding Partner at Neo Global Capital October 16, 2018 Why Executives Need Blockchain Literacy – Alison McCauley, Author of Unblocked October 10, 2018 The Antifragility of Cryptoassets – Alexander Bulkin, Co-Founder of CoinFund June 8, 2018 The Promise of Blockchain Technology – Rik Willard, Founder, Agentic June 6, 2018 Blockchain Revolution, Two Years Later – Alex Tapscott, Co-Author “Blockchain Revolution” August 6, 2018 How Blockchain Technology Redefines Entrepreneurship – Daniel Doll-Steinberg, Atari Token August 29, 2018 How Journalists and the Financial Press Stay Objective About Cryptocurrencies and Blockchain Technology – Peter Hody, Editor-in-Chief, Finews June 13, 2018 Making Bitcoin More User-Friendly – Jonas Schnelli, Bitcoin Core Developer September 19, 2018 Why Education Is the Killer App for Blockchain Technology – Cedric Waldburger, Co-Founder of Dfinity June 29, 2018 The Rise of Cryptoassets – Jack Tatar, Author of “Cryptoassets” January 9, 2019 Can Blockchain Technology Keep Humanity Human? – Anne Connelly, Singularity University June 27, 2018 Is The Real Value of Bitcoin Zero? – Adriano B. Lucatelli, Founder, Descartes Finance September 5, 2018 Why Blockchain Technology Might Become Less of a Binary Idea in the Future of Finance – Jesse McWaters, World Economic Forum July 16, 2018 Analyzing the Price of Bitcoin – Tone Vays June 20, 2018 The UN, the Pirate Party, and Bitcoin – Alexis Roussel, Co-Founder, Bity February 27, 2019 Why You Need Digital Identity Before Anything Else – Daniel Gasteiger, Founder & CEO, Procivis January 23, 2019 “This Is What the Blockchain Is and How It Can Change Your Life” – Niloo Ravaei, Head of Education at Blockgeeks January 16, 2019 How to Build on Bitcoin – Lucas Betschart, Founder, 21 Lectures, President, Bitcoin Association Switzerland January 2, 2019 Just Keep Your Head Down and Build – Jason Goldberg, Founder and CEO of Open Simple Token (OST) October 3, 2018 “Hey Zuck, Let’s Tokenize Facebook!” How Blockchains Could Stop People Farming – Trent McConaghy, Founder, Ocean Protocol July 2, 2018 China and the Blockchain – Zhang Ruidong, Academy of Internet Finance at Zhejiang University July 19, 2018 From Dot-Com Entrepreneur to Blockchain Investor and Enabler – Mathias Ruch, Lakeside Partners/CV VC July 9, 2018 The Future is Decentralized, and Why Decision-Making is a “Big, Fuzzy, Hairy, and Messy Thing” – Joe Lubin, Founder, Ethereum February 20, 2019 Why the Blockchain Space Needs Better Access – Alexis Gauba, Co-Founder she(256), Mechanism Labs December 19, 2018 Why Some Blockchain Ideas Can’t Wait – Aparna Krishnan, Co-Founder Mechanism Labs September 26, 2018 How Blockchains Could Solve the Tragedy of the Commons – Ryan Jesperson, President of the Tezos Foundation August 2, 2018 A Recap of Zug’s Bitcoin Experiment and How it Energized Switzerland – Dolfi Mueller, Mayor of Zug March 15, 2019 Crypto Weekly: 24 Crypto Podcasts with Tips from Industry Experts July 9, 2018 A New Blockchain Law in Crypto Country Liechtenstein – Thomas Naegele, Naegele Law July 23, 2018 How Digital Jurisdictions Help Us Escape 1984 and Take Back Control – Luis Cuende, Co-Founder of Aragon November 28, 2018 The Human Story Behind Blockchain Technology – Matthew Allen, Zurich Bureau Chief/Business Reporter at Swissinfo March 13, 2019 How a Blockchain Venture Studio Works – Mervyn G. Maistry, CEO & Founder, Konfidio and Kintaro Capital February 6, 2019 How Skin in the Game Combats Fake News and Leads to Truth – Preethi Kasireddy, Founder and CEO, TruStory June 22, 2018 The Bitcoin Queen and Her Mission to “Tokenize Everything” – Olga Feldmeier, Co-Founder, Smart Valor March 6, 2019 Why New Technologies Need Sharper Critical Thinking – Andrea Bauer, Founder & Senior Advisor, BEAM Innovation Studio June 3, 2018 Making Cryptocurrencies Bankable – Mauro Casellini, Head of Blockchain at Bank Frick, Liechtenstein December 26, 2018 How Blockchains Could Create Community Consciousness – Toni Lane Casserly, Founder of Cultu.re October 31, 2018 What Blockchains and Linux Have in Common – Phil Zamani, Chairman of AERGO, Co-CEO of Blocko August 23, 2018 Why Hacking Smart Contracts is Easier than Hacking Web Servers – Hubert Ritzdorf, Co-Founder, Chainsecurity June 11, 2018 Cryptoasset Management in Switzerland – Lidia Bolla, Co-Founder and CEO, Vision& October 24, 2018 How Digital Scarcity Helps Artists and Creators – Eric Elliott, Author, Developer, Mentor January 30, 2019 “Crypto Means Cryptography” – Jan Camenisch, Head of Research at Dfinity August 21, 2018 The Blockchain and Us is in the Top 30 Blockchain and Cryptocurrency Podcasts, Listennotes.com May 13, 2019 Hackernoon: Five Blockchain Podcasts You Shouldn’t Miss (Spoiler: The Blockchain and Us is #1) July 11, 2018 How the Blockchain Disrupts Venture Capital – Michael Sidler, Partner at Redapline August 13, 2018 Why Bitcoin is the Hardest Money We Ever Had – Saifedean Ammous, Author of “The Bitcoin Standard” March 20, 2019 “Blockchain Is Successful When People Don’t Know They’re Using It” – Johannes Schweifer, Co-Founder & CEO, CoreLedger August 20, 2018 Why Cryptoassets Will Soon Be Part of Every Bank’s Business – Niklas Nikolajsen, Founder, Bitcoin Suisse July 6, 2018 Science, Academia, and the Blockchain – Roger Wattenhofer, Professor at ETH Zurich