Transcript
Introduction
Patrick
My guest today is Matt Huang, co-founder of Paradigm, a leading crypto investment firm with over $12 billion in assets under management. Before launching Paradigm in 2018 with Coinbase co-founder Fred Ehrsam, Matt was a partner at Sequoia Capital, where he led many of the firm's crypto investments. It is widely reported that Michael Moritz called Matt the only regrettable loss in Sequoia's history.
In our conversation, Matt shares his framework for navigating the often illegible frontier of crypto, how his early investment in ByteDance – now worth 10,000 times his initial capital – shaped his approach to identifying exceptional founders, and why he believes so deeply in crypto's long-term potential. His firm, Paradigm, not only invests in many of the leading companies in the industry, it also builds open source tools used by most of the crypto world.