Ep. 81: Richard Muirhead On VC Investing, Picking Winners and Web 3.0

Richard is a co-founder and Managing Partner at Fabric Ventures – a VC fund adapting the early, technical, and patient approach of venture capital to investing in Web 3.0 and decentralised data networks. Fabric invested in the likes of Polkadot, Ocean Protocol, Orchid, Blockstack, zeppelin_os, and Keep, among others. Richard combines a pedigree in open source, developer-oriented tools, and early-stage venture investing with blockchain focus since 2013, and has invested in Pantera Venture Fund, Bitstamp, Bitrise, Tray.io, Transferwise, and Citymapper. Richard was previously a 3x software entrepreneur, building/ scaling Automic (CA), Tideway (BMC), and Orchestream (Oracle) – reaching a cumulative market cap of billions. In this podcast we discuss:

1. Starting companies versus investing
2. What makes start-ups and their founders successful
3. What returns should one expect in VC
4. What is the Open Economy and Web 3.0
5. Centralisation vs decentralisation
6. Books that influenced Richard: Strangers in a Strange Land (Heinlein), Future History (Heinlein), Atlas Shrugged (Rand), and The Third Chimpanzee (Diamond)

You can follow Richard on Twitter and you can contact him here.

You can read the transcript for this podcast here.

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(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)