https://www.youtube.com/watch?v=sD60S7P9WOs
Also on
Apple Podcast: https://apple.co/3sFunPE
Spotify: https://spoti.fi/3GNInvT
Video Description
Syndicate provides the tools for anyone with a crypto wallet to create an Investment Club in < 1 minute.
Will and Ian, the founders of Syndicate, comes on the show to share:
- How the future of VC investing is radically different
- Why Syndicate investment clubs is the future of investing
- Pitfalls and best practices when setting up DAOs?
- CityDAO: the world’s first DAO-governed city
Host: @mrjasonchoi, may hold assets discussed. Not financial advice
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----------- More Resources -------------
Syndicate
Website: https://syndicate.io/
Twitter: https://twitter.com/SyndicateDAO
Community: https://twitter.com/theDAOside
Introduction blog: https://syndicate.mirror.xyz/4p6a0nKpBYMSxoAfN6KpjcUwJSD2t68Dq7zgoliB4pk
Guest
Will: https://twitter.com/WillPapper
Ian: https://twitter.com/ianDAOs
------------ Disclosures -------------
Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries
Follow Along Guide
Introduction (0:35 - 1:43)
- How did Will & Ian meet?
- Summary of starting Syndicate
Fund-raising for Syndicate (1:44 - 4:36)
- Why did Syndicate raise primarily via the community vs conventional VC?
- Who are the ones supporting Syndicate?
Investment Organisations/Methods in Web 3 (4:37 - 15:23)
- What is the size of the TradFi market that Syndicate is disrupting?
- How does Syndicate facilitate the shift of Investment Clubs from TradFi to Web 3?
- What are the sub-markets within investing that are more likely to use on-chain investing?
- Why is Web 3 Investment Clubs / DAOs > Traditional Web 2 and what are the similarities / differences?
Interesting DAOs so far (15:24 - 24:00)
- What are some of the founders’ profile on Syndicate?
- Case study on CityDAO & ConstitutionDAO
TradFi vs Web 3 Investment Vehicles (24:01 - 32:24)
- How does Syndicate compare to Web 2’s AngelList?
- What are the important differences between Web 3 & TradFi?
- How much faster & cheaper is it to set up an investment club on Syndicate vs TradFi?
- What are the benefits of composability in DAOs?
Legality of Web 3 Investment Clubs / DAOs (32:25 - 39:10)
- What are the requirements for a DAO to invest in start-up equity?
- How will regulators react to DAOs?
- How can Syndicate help in the legal aspect?
Setting up a DAO (39:11 - 43:32)
- What are the steps?
- What are some of the best practices to adopt & pitfalls to avoid?
- What is the standard structure of an Investment Club?
- What were the tools available for DAOs before Syndicate?
Outlook of DAOs (43:33 - END)
- What is the 1 reason for DAOs to become massively successful or fail?
- Misconception of DAOs
- What is the Efficiency vs Resiliency trade-off?
- Why are DAOs the most interesting tech in Web 3?
- Where can they find more information / start their own Investment Club with Syndicate?
FIN