4.9 • 654 Ratings
🗓️ 14 January 2022
⏱️ 70 minutes
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0:00.0 | Yo, technology. |
0:02.9 | What is it all about? |
0:04.4 | I need to use a lot of this money to convince people that everything else other people are trying to do for you in the metaverse or in the crypto world. |
0:13.7 | Almost everybody, almost without exception, everybody there is doing it because they want to steal from you. |
0:19.9 | They want to grab your money or your coins in a form of fees, |
0:23.5 | in a form of liquidations, in a form of everything besides helping you get to financial freedom. |
0:30.0 | And if I can convince enough people, then we can build this future together. |
0:51.5 | Hello and welcome to Danny in the Valley, your weekly dispatch from behind the scenes and inside the minds of the top people in tech. |
0:53.5 | I'm your host, |
0:55.0 | Danny Ford's and the West Coast correspondent for the Sunday Times. And this week, we are talking |
1:00.3 | crypto. We're talking web three, the future of, well, maybe everything or maybe nothing. Our guest |
1:08.5 | has some great stories to tell and a really unique perspective. He is |
1:13.0 | Alex Mashinsky. He's a serial entrepreneur who has launched eight different businesses. He's had a few |
1:20.8 | multi-billion dollar exits. And these days, he runs Celsius, which you can think of as kind of like |
1:26.5 | a crypto fund manager. let's call it. |
1:29.0 | So you let them manage your Bitcoin or Ethereum or whatever, and they lend it out, generate |
1:33.8 | returns, and then they send those back to you, just kind of like a typical fund manager, |
1:38.0 | except it's also very different as you'll soon hear. |
1:41.4 | And Mashinsky has just raised a whopping $750 million to grow Celsius, |
1:48.2 | which has already been exploding, as you might expect, given everything that's been happening |
1:51.9 | with cryptocurrencies over this last year, year plus. And it's only three or four years old, |
1:57.1 | the company itself. And what's really interesting is, as I mentioned, he comes at all of this |
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