Rafe Furst is a World Series poker champion, five-time founder, and author of the number one bestselling book on venture capital. He joins host KJ to challenge the VC status quo. Rafe breaks down why the 10-year lockup model is broken, how misaligned incentives are quietly killing early-stage innovation, and why the future of venture capital runs on blockchain. He also shares the story behind The Crypto Company and their newly acquired Frame blockchain, which aims to unify liquidity across fragmented crypto ecosystems.

 

Four Key Takeaways:

3:32 — VCs have quietly abandoned true venture capital by flooding money into later stages. Early-stage investments are treated as lottery tickets rather than genuine bets on founders and their vision.

20:22 — The number one structural flaw in venture capital is not bad founders or bad ideas. It is the total absence of liquidity for a decade or more, which creates misaligned incentives for everyone involved.

21:57 — Liquidity is the magic unlock for early-stage investing. Blockchain technology is the most powerful mechanism to finally deliver that liquidity to founders, investors, and employees alike.

37:47 — AI and blockchain are converging at an exponential pace. Founders who start building on-chain infrastructure now will be positioned to ride the wave rather than get swept away by it.

 

Quote of the Show (38:03):
"The way to not get swept away is to get in front of the wave." — Rafe Furst

 

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Want PR that actually matters? Get 30 minutes of expert advice in a fast-paced, zero-nonsense session from Karla Jo Helms, a veteran Crisis PR and Anti-PR Strategist who knows how to tell your story in the best possible light and get the exposure you need to disrupt your industry. Click here to book your call: https://info.jotopr.com/free-anti-pr-eval

 

Ways to connect withRafe Furst:
LinkedIn:https://www.linkedin.com/in/rafefurst/

Company Website: https://www.thecryptocompany.com/

 

How to get more Disruption/Interruption: 

Amazon Music - https://music.amazon.com/podcasts/eccda84d-4d5b-4c52-ba54-7fd8af3cbe87/disruption-interruption

Apple Podcast - https://podcasts.apple.com/us/podcast/disruption-interruption/id1581985755

Spotify - https://open.spotify.com/show/6yGSwcSp8J354awJkCmJlD

YouTube: https://www.youtube.com/results?search_query=disruption+%2F+interuuption

Rafe Furst is a World Series poker champion, five-time founder, and author of the number one bestselling book on venture capital. He joins host KJ to challenge the VC status quo. Rafe breaks down why the 10-year lockup model is broken, how misaligned incentives are quietly killing early-stage innovation, and why the future of venture capital runs on blockchain. He also shares the story behind The Crypto Company and their newly acquired Frame blockchain, which aims to unify liquidity across fragmented crypto ecosystems.
&nbsp;
Four Key Takeaways:
3:32 &mdash; VCs have quietly abandoned true venture capital by flooding money into later stages. Early-stage investments are treated as lottery tickets rather than genuine bets on founders and their vision.
20:22 &mdash; The number one structural flaw in venture capital is not bad founders or bad ideas. It is the total absence of liquidity for a decade or more, which creates misaligned incentives for everyone involved.
21:57 &mdash; Liquidity is the magic unlock for early-stage investing. Blockchain technology is the most powerful mechanism to finally deliver that liquidity to founders, investors, and employees alike.
37:47 &mdash; AI and blockchain are converging at an exponential pace. Founders who start building on-chain infrastructure now will be positioned to ride the wave rather than get swept away by it.
&nbsp;
Quote of the Show (38:03): "The way to not get swept away is to get in front of the wave." &mdash; Rafe Furst
&nbsp;
Join our Anti-PR newsletter where we&rsquo;re keeping a watchful and clever eye on PR trends, PR fails, and interesting news in tech so you don't have to. You're welcome.
&nbsp;
Want PR that actually matters? Get 30 minutes of expert advice in a fast-paced, zero-nonsense session from Karla Jo Helms, a veteran Crisis PR and Anti-PR Strategist who knows how to tell your story in the best possible light and get the exposure you need to disrupt your industry. Click here to book your call: <a href="https://info.jotopr.com/free-anti-pr-eval">https://info.jotopr.com/free-anti-pr-eval</a>
&nbsp;
Ways to connect with Rafe Furst: LinkedIn: <a href="https://www.linkedin.com/in/rafefurst/">https://www.linkedin.com/in/rafefurst/</a>
Company Website:&nbsp;<a href="https://www.thecryptocompany.com/">https://www.thecryptocompany.com/</a>
&nbsp;
How to get more Disruption/Interruption:&nbsp;
Amazon Music - <a href="https://music.amazon.com/podcasts/eccda84d-4d5b-4c52-ba54-7fd8af3cbe87/disruption-interruption">https://music.amazon.com/podcasts/eccda84d-4d5b-4c52-ba54-7fd8af3cbe87/disruption-interruption</a>
Apple Podcast - <a href="https://podcasts.apple.com/us/podcast/disruption-interruption/id1581985755">https://podcasts.apple.com/us/podcast/disruption-interruption/id1581985755</a>
Spotify - <a href="https://open.spotify.com/show/6yGSwcSp8J354awJkCmJlD">https://open.spotify.com/show/6yGSwcSp8J354awJkCmJlD</a>
YouTube: <a href="https://www.youtube.com/results?search_query=disruption+%2F+interuuption">https://www.youtube.com/results?search_query=disruption+%2F+interuuption</a>

When did you say ”THAT’S IT! I’VE HAD IT!”? Time to Disrupt and Interrupt with host Karla Jo. Every week KJ interviews professionals who are disrupting their industries and altering economic networks that have been antiquated with bull-headed predecessors holding up the progress.

KJ delves into uncovering more from industry rebels and innovators that you didn’t know you needed in your life.