Investing in Bitcoin Startups & Lightning Network /w Don Stuart | Value Stack 30
Value Stack: A Bitcoin Podcast
Don is a former tech entrepreneur turned bitcoin enthusiast and angel investor. He is passionate about educating people on the importance of bitcoin, its impact on society, and how it will shape the future.
As the founder of Sats Standard Capital, he invests in early-stage bitcoin and lightning network companies. He also hosts the Orange Pill Addicts and co-organizes the Kansas City Bitcoin Meetup with the KC Bitcoin Guys.
In this episode, we talk about investing in bitcoin startups, and why someone would want to invest in private companies instead of more traditional assets like publicly traded stocks, or bitcoin.
Given the high failure rate of most startups, Don offers some insights on red flags to look out for in investing in startups, like board seat representation, company structure, founder reputation, as well as some positive indicators - those that are usually good signs the founder and product are on the right track.
Thanks for listening!
Support the show here, or by listening to the podcast directly on Fountain app!
Topics
00:00:00 - Intro
00:01:03 - Starting Sats Standard Capital
00:03:21 - How to Invest in Bitcoin Companies as a VC
00:04:46 - Becoming a Bitcoin VC
00:06:28 - How being a previous founder helps with being a VC
00:07:31 - How startup board seats are chosen
00:08:34 - Diligence in crypto VC
00:11:50 - Why invest in private companies instead of stock market?
00:13:43 - How VCs can impact companies aside from funding
00:14:57 - Why invest in companies instead of bitcoin?
00:19:12 - How high failure rate in early stage leads to "spray and pray"
00:22:00 - Bitcoin vs Crypto VC
00:32:19 - Rise of layer-2 bitcoin and more
00:36:57 - Vida live - lightning network
00:38:22 - Unicorn signs of startups
00:40:39 - Red flags of startups
00:45:26 - Types of business structure
00:48:25 - Orange Pill Addicts Podcast
00:50:23 - 2022 Recap Episode
00:51:16 - Why interview-style format is enjoyable to film
00:52:50 - Lightning Network in 2022/2023
00:57:22 - Next halving cycle predictions
01:02:26 - Choosing what to invest in with limited capital
01:03:57 - When will people be spending and using bitcoin?
01:05:29 - How will bitcoin help our society evolve?
01:16:09 - Taking a long term perspective on bitcoin
01:23:58 - Kansas City Bitcoin Meetup
01:27:41 - Bitcoin Point of Sales
01:30:30 - Outro
As the founder of Sats Standard Capital, he invests in early-stage bitcoin and lightning network companies. He also hosts the Orange Pill Addicts and co-organizes the Kansas City Bitcoin Meetup with the KC Bitcoin Guys.
In this episode, we talk about investing in bitcoin startups, and why someone would want to invest in private companies instead of more traditional assets like publicly traded stocks, or bitcoin.
Given the high failure rate of most startups, Don offers some insights on red flags to look out for in investing in startups, like board seat representation, company structure, founder reputation, as well as some positive indicators - those that are usually good signs the founder and product are on the right track.
Thanks for listening!
Support the show here, or by listening to the podcast directly on Fountain app!
Topics
00:00:00 - Intro
00:01:03 - Starting Sats Standard Capital
00:03:21 - How to Invest in Bitcoin Companies as a VC
00:04:46 - Becoming a Bitcoin VC
00:06:28 - How being a previous founder helps with being a VC
00:07:31 - How startup board seats are chosen
00:08:34 - Diligence in crypto VC
00:11:50 - Why invest in private companies instead of stock market?
00:13:43 - How VCs can impact companies aside from funding
00:14:57 - Why invest in companies instead of bitcoin?
00:19:12 - How high failure rate in early stage leads to "spray and pray"
00:22:00 - Bitcoin vs Crypto VC
00:32:19 - Rise of layer-2 bitcoin and more
00:36:57 - Vida live - lightning network
00:38:22 - Unicorn signs of startups
00:40:39 - Red flags of startups
00:45:26 - Types of business structure
00:48:25 - Orange Pill Addicts Podcast
00:50:23 - 2022 Recap Episode
00:51:16 - Why interview-style format is enjoyable to film
00:52:50 - Lightning Network in 2022/2023
00:57:22 - Next halving cycle predictions
01:02:26 - Choosing what to invest in with limited capital
01:03:57 - When will people be spending and using bitcoin?
01:05:29 - How will bitcoin help our society evolve?
01:16:09 - Taking a long term perspective on bitcoin
01:23:58 - Kansas City Bitcoin Meetup
01:27:41 - Bitcoin Point of Sales
01:30:30 - Outro
Activity