Season 3, Ep 14: Pioneering Blockchain Investment with Paul Veradittakit of Pantera Capital

Only a handful of investment firms were brave enough to enter the crypto space back in the early 2010’s. Those pioneers have witnessed quite an evolution in the blockchain space, and they have gone from being the black sheep of venture capital to enjoying a red-carpet experience with every hedge fund manager on Wall Street.
Paul Veradittakit is a Partner with Pantera Capital, a leading investment firm focused exclusively on projects related to blockchain technology, digital currency and crypto assets. Paul helped launch the firm’s second venture fund, and he sits on the boards of OpenToken and BitOasis. Prior to joining Pantera in 2014, Paul worked at Strive Capital, where he focused on investments in the mobile space.
Today, Paul sits down with us to share his Bitcoin origin story and discuss the evolution of the market since 2014. He offers his take on how the crypto market is changing, explaining why the best talent is coming into the space right now. Listen in as Paul speaks to the tokens that get him up in the morning and addresses the lack of standardization around how entrepreneurs utilize capital.


Topics Covered
How Paul got into the Bitcoin space
Worked for startup in daily deal space
Joined VC in late 2010 (focus on mobile)
Considered working for Coinbase
Ran across Pantera Capital
Paul’s take on the evolution of crypto
20 companies in 2014 (easy to pick winners)
Polychain opened eyes to new sector in 2017
Worldwide adoption of tokens for fundraising
Paul’s insight on the future of the blockchain
Same number of deals, higher quality
Shift in focus to building product
Best talent coming into space
The tokens that get Paul up in the morning
Infrastructure, ways to scale blockchain
Use cases where decentralization enables new markets
Marketplaces where intermediaries take large fees
What surprises Paul about the current market
Companies able to raise capital ‘without legs’
Need for transparency, education (best practices)
Paul’s definition of success
Make world better
Social impact


Connect with Paul
Pantera Capital https://www.panteracapital.com/
Pantera on Facebook https://www.facebook.com/panteracapital/
Pantera on Twitter https://twitter.com/PanteraCapital?lang=en
Paul on LinkedIn https://www.linkedin.com/in/veradittakit/
Paul on Twitter https://twitter.com/veradittakit?lang=en
Resources
App Annie https://www.appannie.com/en/
Adam’s Quora List https://www.quora.com/What-are-the-hottest-Bitcoin-startups-e-g-crypto-currency-startups-such-as-Ripple-also-count
Polychain Capital http://polychain.capital/
Augur https://www.augur.net/
Beam Capital Management https://www.beamcap.com/
Connect with Boost VC
Boost VC Website https://www.boost.vc/
Boost VC on Facebook https://www.facebook.com/boostvc/
Boost VC on Twitter https://twitter.com/BoostVC