Tom Schmidt on why this cycle is different for venture capital

theblock.co 17 hours ago

Episode 1: Season 7 of The Scoop

Recorded with Frank Chaparro of The Block and Tom Schmidt, partner at Dragonfly.

Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].


In this episode, host Frank Chaparro is joined by Dragonfly Partner Tom Schmidt. They discussed how the cryptocurrency market is evolving as an institutional asset class as we approach 2025 and how this cycle differs for venture capital in the space.

Outline

00:00 Introduction
01:39 Crypto as an institutional asset
11:47 Crypto market idiosyncrasies
18:20 Opportunities in 2025
22:28 Application in 2025
25:59 Anti-VC backlash
30:37 Customer acquisition
35:36 Closing thoughts


Guest Links

Tom Schmidt
Tom Schmidt on X

Dragonfly
Dragonfly on X

This episode is brought to you by our sponsor: Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network.




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