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Capital Allocators – Inside the Institutional Investment Industry

Olaf Carlson-Wee – The Future of Crypto (EP.257, Crypto for Institutions 2 – EP.04)

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Investing, Capitalallocation, Business

4.8806 Ratings

🗓️ 23 June 2022

⏱️ 61 minutes

🧾️ Download transcript

Summary

Olaf Carlson-Wee is the Founder and CEO of Polychain Capital, a $5 billion investment firm that was one of the first institutional crypto funds upon its launch in 2016. Olaf is among the crypto OGs, he was the first hire at Coinbase and led risk management before founding Polychain with initial investments from Sequoia, a16z, Union Square Ventures, and Founders Fund. He was named to both the Forbes 30 Under 30 and Fortune 40 Under 40.

Our conversation explores Olaf’s vision for what is to come in the crypto ecosystem.  We cover his early discovery of cryptocurrency, his experience at Coinbase, and his founding and strategy at Polychain. We then turn to Olaf’s perspective on the present and future of incentive systems, social media, bear markets, layer 1 protocols, bridges across protocols, NFTs, DeFi, DAOs, and stablecoins.

 

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Transcript

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0:00.0

Capital Allocators is brought to you by Ten East, an investment platform for sophisticated investors to access private markets.

0:10.5

Ten East brings benefits of having your own family office without the cost and headaches of doing so.

0:16.8

It's founded and led by Michael LaFelle, former deputy executive managing member of Davidson Kempner.

0:24.2

Michael and his investment team offer members the opportunity to co-invest by offering at their

0:29.1

discretion. Michael and his team source, diligence, and commit material personal capital to each

0:35.3

investment. The opportunities shared on the Ten East platform

0:38.9

offer exposure to private credit, real estate, niche venture and private equity, and other

0:44.5

idiosyncratic investments that typically aren't available through traditional channels.

0:49.2

The principles have over a decade track record of investing in these types of exposures

0:53.5

across more than 350

0:55.7

transactions. Post-investment, the Tennis team conducts ongoing monitoring and reporting,

1:01.8

just as you'd expect from an institutional investment organization. I've known Michael for about a

1:07.0

decade, and after becoming impressed by the quality of 10 East offerings, its research

1:11.6

process, and high-quality investment team, I became an advisor to the organization, an investor

1:17.1

in multiple offerings. You can learn more and join me as a member at 10east.com. That's the number

1:24.6

10, east.co.

1:31.9

Thank you. That's the number 10, east.co. Last year, we shared a mini-series called Crypto for Institutions to cover the basics of the rapidly evolving ecosystem from an investor's perspective.

1:41.8

Through conversations with Eric Peters at One River, Michael Sonnet Shine from

1:45.9

Grayscale, Seth Jins from Coin Fund, and Ari Paul from Block Tower, we covered the case for Bitcoin,

1:52.9

a path to access, investing beyond Bitcoin, and trading strategies. Over the next three weeks,

1:59.5

we'll dive in a little deeper with crypto for institutions

2:02.8

too. This six-part miniseries explores where we are today in the rapidly evolving world

...

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