Fountain
TLS25: Oleg Mikhalsky on Fulgur Ventures, Investing in Lightning Companies, and Lightning Adoption
The Kevin Rooke Show

TLS25: Oleg Mikhalsky on Fulgur Ventures, Investing in Lightning Companies, and Lightning Adoption

Mar 5 2022 • 1hr 22m

Show Notes

Oleg Mikhalsky is a Partner at Fulgur Ventures, a VC firm focused on investing in Bitcoin and Lightning Network companies.
Oleg and I spoke about why Fulgur is so excited about the Lightning Network, new business models enabled by Lightning, attracting founders to build on Lightning, valuations in the Lightning startup ecosystem, and the different types of adoption the Lightning Network is seeing today.
→ Fulgur Ventures: https://fulgur.ventures/
The Lightning Round is sponsored by Voltage, where you can ask me questions over the Lightning Network.
→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo
→ Use code KEVINROOKE to get 50% off your first month's Lightning node
At the end of every show I answer any questions listeners send in over the Lightning Network.
To ask a question, send a message, or to support the show, download Fountain from the iOS or Google Play App Store and load your wallet with a few sats.
→ Fountain: https://www.fountain.fm/
→ Listen to More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT
→ Follow Kevin Rooke on Twitter: https://twitter.com/kerooke
Timestamps:
00:00 - Intro
01:43 - Oleg Mikhalsky Intro
05:59 - Lightning Network Progress Since 2018
09:27 - Is Lightning Adoption Tied To Bitcoin’s Price?
12:25 - Why Invest in Lightning Companies?
17:17 - The Importance Of Value-Add Investors
22:16 - The Lightning Network’s Impact on Existing and New Markets
28:13 - Missing Components of the Lightning Ecosystem
32:08 - How Will the Metaverse Evolve?
36:26 - Proven Business Models in Lightning
43:13 - Are Lightning Companies Appropriately Valued?
49:51 - Are There Enough Founders Building on Lightning?
54:28 - Convincing Founders To Build on Lightning
58:23 - Where Does Lightning Adoption Come From?
01:05:03 - El Salvador’s Approach To Bitcoin
01:09:50 - Lightning Network Predictions
01:17:28 - The Lightning Round
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Activity

@why
5,000 sats
Mar 7 2022
Guests/topics I’d like to see: (1) the lightning.video folks. Interesting platform with unique challenges. The potential for adult content to onboard new users is both awesome and terrifying. Would love to hear more about their vision. (2) another Adam Curry-style guest; focused on the artistry of engagement with low-friction sats. Who’s leading the boards on Fountain or other v4v platforms?
@merryoscar
2,000 sats
Mar 8 2022
Boosting for Oleg! ⚡️
@why
100 sats
Mar 7 2022
The lightning killer app for mass onboarding. Seems like it’s on its way.
@yashwanth
5 sats
Mar 24 2022
@user4211594608551516
1 sats
Mar 12 2022
let’s gooooo