Hello, I'm Ted Sides, and this is Capital Allocators.

This show is an open exploration of the people and process behind capital allocation.

Through conversations with leaders in the money game, we learn how these holders of the keys to the kingdom allocate their time and their capital.

You can keep up to date by visiting Capital Allocatorspodcast.com.

My guest on today's show is Chris Dixon, general partner at Andresen Horowitz, where he focuses on the A16Z

crypto funds. Before joining Andresen in 2013, Chris co-founded, built, and sold two technology

companies, and was a prolific seed investor, founding member of Founder Collective and Personal

Investor.

At various spots along the way, Chris was an investor in BuzzFeed, Uber, Venmo, Hotel Tonight, Coinbase, and Oculus, among many others.

Our conversation covers Chris's early interest in computers and business and lessons from

starting companies and angel investing.

We then turned to his activities since joining Andrews-Harrwitz, discussing new computing platforms,

a brief history of centralized and decentralized computing, development of blockchain technologies,

potential killer apps, token basics, and investor perception. Please enjoy my conversation

with Chris Dixon. Chris, thanks so much for doing this. Thanks for having me. Why don't we start

just back at the beginning for you and your initial interest in technology way back when?

I was interested in computers when I was a kid in the 80s.

So I had, you know, if you talk to people in the business in the industry,

probably a pretty familiar path, which is I got an Apple II,

and I started programming games, and just got really interested,

just generally in programming.

I professionally programmed at college, sort of helped pay my way

...