Bram Cohen is the creator of BitTorrent, which revolutionized digital entertainment and has been downloaded over two billion times.
Today, Bram is the founder and CTO of Chia Network, which manages the Chia cryptocurrency. Chia uses a unique proof of space model, in contrast to proof or work or proof of stake models like Bitcoin and Ethereum.
In this episode of World of DaaS, Bram and host Auren Hoffman discuss a wide range of topics related to technology, data science, and cryptocurrencies. Bram begins by sharing insights into Chia, crypto, and BitTorrent, touching upon the importance of breakthroughs in data science and the limitations of recommendation algorithms when dealing with poor-quality data and misaligned incentives.
Bram also highlights the dominance of BitTorrent in internet traffic and discusses the role of decentralized compute work, proof of space, and the revolutionary potential of decentralization.
Additionally, the podcast delves into subjects like the hype around cryptocurrencies, the possibility of a banking collapse, and even Bram's personal beliefs regarding conspiracy theories.
Avlok Kohli is the CEO of AngelList and the founder of FastBite and Fairy.
Auren and Avlok discuss the underestimated impact of AI and how it could be creating a tech mega cycle. Avlok explains the importance of unique data as a moat for companies building on top of large language models, and how this technology can disrupt incumbents.
They also discuss the rise of Dual Threat CEOs and their outsized success in early stage venture capital. Avlok makes the case for why more current operators should start funds, and explains why they’ll thrive in the changing VC landscape.
You can find Auren Hoffman on Twitter at @auren and Avlok Kohli on Twitter at @avlok.
Immad Akhund is the CEO of Mercury, a bank for startups. He’s also a multi-time founder and a Dual Threat CEO with over 300+ angel investments.
Auren and Immad discuss the collapse of SVB and how Mercury handled an influx of over $2 billion in deposits. Immad explains some lesser-known structural aspects of the banking system that affect the product and customer experience.
Auren and Immad also talk about crowdfunding a startup, how much focus founders need to succeed, and why Dual Threat CEOs can outperform conventional VCs.
World of DaaS is brought to you by SafeGraph & Flex Capital. For more episodes, visit safegraph.com/podcasts.