#Ep. 44: Venture as a stack: Why Web 3.0 needs a different kind of investor

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By Ahmed Al-Balaghi. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Jamie Burke is a co-founder and CEO of Outlier Ventures, one of the leading European crypto VC incubators.

Ahmed catches up with Jamie in London to learn more about Outlier Ventures, how they’re structured, their investment thesis and what makes them different as a VC investing in this space.

Unlike other VCs, Outlier is funded by the capital of the co-founders, their team is mostly comprised of technical analysts and researchers in order to do a lot of applied learning as well as supporting the projects they invest in and contributing to the wider ecosystem building out open source networks. Jamie likes to describe Outlier as more of an incubator or a Venture as a Platform business where they reinvest all returns into the platform, where they recently committed to reinvesting $30 million of their own capital in the next 3 years to support investments.

Jamie then goes onto to discuss the concept of Convergence and what the Convergence stack is, how autonomous agents work, and how they’re trying to create the new data economy.
He talks about the evolution of the internet citing two main innovations; platforms and cloud. Like every other person who believes in the space, Jamie touches upon the current problems of the internet and these past innovations, in particular how big platforms and cloud providers have become. With European regulators trying to strive ahead to unbundle these mammoth platforms to protect the end consumer, Jamie shares how they are solving these problems and preparing for what consumers demand in the future.

If you’re a governance lover, Ahmed and Jamie discuss the concept of Pathway to Decentralisation. This is a really interesting concept and idea which proposes founders and projects to never codify assumptions early on and to keep some aspects centralised until their assumptions are validated. Jamie also shares their recent partnership with Smart Dubai and how they’re working together.

Ultimately, this awesome episode is all about the new internet, theorizing how it could play out and what's needed to realise the vision. What’s amazing is that this is all a socio-economic experiment and we have no idea what will happen.

All this and more on this week's episode of Encrypted.

Also, the legal bits for the soundtrack used in the podcast:
Music Credit: LAKEY INSPIRED

Track Name: Warm Nights

Music By: LAKEY INSPIRED @ https://soundcloud.com/lakeyinspired

Original upload HERE – https://soundcloud.com/lakeyinspired/warm-nights

License for commercial use: Creative Commons Attribution 3.0 Unported “Share Alike” (CC BY-SA 3.0) License.

Full License HERE – https://creativecommons.org/licenses/by-sa/3.0/legalcode

Special Guest: Jamie Burke.

75 episodes