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The Pomp Podcast

Zac Prince, Co-Founder of BlockFi: The Details Behind a $30 Million Fundraise

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 13 February 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

Zac Prince is the Co-Founder of BlockFi, a company building wealth management services for cryptocurrency investors. They announced a $30 million Series B funding round today, so Zac stopped by for a livestream to discuss how the business is doing, what they are going to use the money for, and what clients can expect from BlockFi in the coming months. BLOCKFI-----BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. -----If you enjoyed this episode and want to stay updated on everything Bitcoin, blockchain, and crypto. Check out Off the Chain newsletter by visiting offthechain.substack.com and join 35,000+ other investors currently subscribed to my daily investor letter.

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening

0:04.5

Off the Chain, simply the best podcasting crypto. Let's kick this thing off.

0:08.8

Zach Prince is the co-founder and CEO of BlockFi. They're a company that builds wealth

0:14.6

management services for cryptocurrency investors. We've been investors for a while over at Morgan

0:20.5

Creek, and we just participated in a

0:22.8

$30 million series B funding round. Zach came on the podcast, and we did a live stream so he could tell

0:29.8

us what they're going to use the money for, how the company's doing, and what clients can expect

0:34.4

coming from BlockFi in the next few months. This conversation was fun,

0:39.0

fast-paced, and Zach filled us in on a lot of details. I hope you enjoy it.

0:43.8

Anthony Pompliano is a partner at Morgan Creek Digital. All opinions expressed by Pomp or his

0:49.1

guests on this podcast are solely their opinions and do not reflect the opinions of

0:53.0

Morgan Creek Digital or Morgan Creek Capital Management.

0:56.1

You should not treat any opinion expressed by Pomp as a specific inducement to make a particular

1:00.9

investment or follow a particular strategy, but only as an expression of his opinion.

1:06.4

This podcast is for informational purposes only.

1:09.3

It's up, dude.

1:10.2

I'm going to have to try not to check my phone while we're recording.

1:13.0

The Bitcoin price is going up.

1:15.0

Our Series B news just dropped.

1:18.3

It's all right.

1:19.3

All right.

1:20.0

Let's get into this.

...

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