The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Santiago Santos, General Partner at Parafi Capital, an alternative investment firm focused on blockchain and decentralized finance markets. The two discuss game theory, psychology in crypto, finding that fund-returning play, and more.
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(2:33)- First Question: Santiago's Background and Parafi Capital overview.
(4:04)- How Santiago allocates his time for projects.
(11:02) - Getting buy-in for a project post-investment.
(12:55) - Sizing up the founding team quantitatively and qualitatively.
(15:58) - How retail investors get comfortable without access to the core team.
(26:28) - Concentration vs. Diversification.
(28:45) - Investing in themes.
(34:15) - Copying and pasting old things that worked vs. actually having a new idea.
(36:25) - Making bets on other L1s despite existing L1s.
(46:26) - Token incentives from an investor and user perspective.
(53:04) - Santiago's process for working with a team.
(58:56) - Skepticism when doing due diligence on a project.
(1:01:16) - Santiago's best advice.
(1:03:56) - The best advice Santiago's ever gotten.
(1:11:08) - Plays that changed Santiago's life / the world / someone else's life.
(1:17:02) - Santiago's favorite book on game theory.
- Santiago Santos: General Partner, Parafi Capital
- Parafi Capital Website
- 2020 Interview with Santiago and Ben Forman
- Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q
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Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed here.
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