The VC Who Passed on Coinbase and What He Learned From It

Yeah, look, I think AI agents is a great use case for blockchain.

Autonomous systems that can kind of research, reason, transact, and communicate, they need the financial rails and identity systems and verifiability that blockchain kind of provides.

It can't do that right now with Web2 infrastructure.

So I think blockchains are built for machines, smart contracts, wallets, programmable like delegation allow agents to transact at agent speed and not kind of human speed.

So I think there's a lot of opportunity there.

[upbeat music] Brad, welcome to Deal Flow Podcast, managing partner of PL Capital.

I'm excited to rip into today's conversation, and, uh, hopefully you can spill some alpha to, um, lots of different founders out there that are looking to fundraise, looking to grow, and, uh, looking to get any tips from a professional that's been in the investment space for over 15 years.

So welcome and, uh, excited to have this conversation today.

Thank you for having me.

It makes me feel old, but, uh-

[laughs]

... yep, I'm excited to be here.

Yeah, look, I think AI agents is a great use case for blockchain.

Autonomous systems that can kind of research, reason, transact, and communicate, they need the financial rails and identity systems and verifiability that blockchain kind of provides.

It can't do that right now with Web2 infrastructure.

So I think blockchains are built for machines, smart contracts, wallets, programmable like delegation allow agents to transact at agent speed and not kind of human speed.

So I think there's a lot of opportunity there.

[upbeat music] Brad, welcome to Deal Flow Podcast, managing partner of PL Capital.

I'm excited to rip into today's conversation, and, uh, hopefully you can spill some alpha to, um, lots of different founders out there that are looking to fundraise, looking to grow, and, uh, looking to get any tips from a professional that's been in the investment space for over 15 years.

So welcome and, uh, excited to have this conversation today.

Thank you for having me.

It makes me feel old, but, uh-

[laughs]

... yep, I'm excited to be here.