Epicenter - Learn About Blockchain, Ethereum, Bitcoin And Distributed Technologies

It is one thing to invest in early stage companies, but to do so in a nascent industry that constantly reinvents and rediscovers itself is a whole different venture. Richard Muirhead co-founded Fabric Ventures in 2012 around the thesis of supporting the Open Economy. While at first this meant investing in Bitcoin-related projects, once Ethereum was announced, a new horizon unveiled, filled with tremendous potential. Since then, the Open Economy thesis was adapted to match technological breakthroughs, and it is now centered around artificial intelligence, distributed computing and self sovereignty (over both fungible, as well non-fungible assets).Topics covered in this episode:Richard’s background and how he founded a crypto VCFabric Ventures’ thesisHow the AI thesis evolvedUser-generated AIOn-chain autonomous agentsUpcoming DeFi innovationsWeb3 trends that took Richard by surpriseMissed opportunitiesThe impact of crypto liquidity & market cycles on VC investingHow to vet projects in early investment phase