No big team has ever built in software anything meaningful. It's always a small group of people that has zero process or very little process and flat organizations and those are the best times. Freedom of speech is

something we talk a lot about but financial freedom is as important if not more important.

Lots of projects are taking risk

and building here without the clarity

that what they're building is actually

going to be approvedOLated by regulators.

We shouldn't undersell what it is.

If you have digital gold at scale,

plus the global money protocol or payment protocol for the internet running on top of this thing

that in itself is huge humanity changing huge

every year our crypto team runs a 12-week accelerator designed for the specific needs of web3 startups and while only a select group of founders get to participate in crypto startup school,

today we're opening up one of these sessions to listeners.

David Marcus, the CEO of Light Spark and co-creator of Diem, formerly Libra, has had a diverse career journey, from

tech startups in Europe to leading PayPal and Facebook's messaging unit.

But a consistent thread that runs through his roles

is a commitment to building an open protocol

for digital payments, which he thinks

still look like the telecom industry pre-internet.

So today you'll get to hear David's original pitch to Mark Zuckerberg, something possibly never

said publicly before, but also why the project got renamed so many times and his take on why

Libra didn't work.

Together with Web3 with A16Z host Sonal Choxi,

...