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Jack Platts

May 28, 2026

3:12
Do you have multiple funds? You know, how do you think about separating them out or the strategies?
3:16
We've tried a lot of different things, and, and, uh, as you can imagine, you know, some things worked and, and some things, some things haven't, uh, didn't, didn't work as well.
3:23
So we initially started with a, a strategy of investing in early-stage crypto projects in 2020, and we got super fortunate in the timing for our funds in that we launched our first fund in March of 2020, and then the second fund in July of 2020.
3:42
And during that time, crypto was, was just coming out of, uh, the COVID crash.
3:48
And so we were very, uh, fortunate and, and, and lucky, frankly, in how we launched Hypersphere in that we got in at a time when, uh, you know, Solana token was at a dollar or less.
4:01
Their ICO didn't even sell out that March.
4:03
And whenever Polkadot, for example, was, was at 70 cents or something for its IPO, um, uh, Bitcoin was just getting to the 10K mark.

14 MINS LATER

18:27
And how do you think about that even on a risk management standpoint?

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