TLS29: Brian Murray on Craft Ventures, Investing in Bitcoin Companies, and the Impact of the Lightning Network

Mar 17 2022 • 1hr 23m

Show Notes

Brian Murray is a partner and the COO at Craft Ventures, a VC firm dedicated to finding the next generation of world-changing companies.
Brian shared a fascinating perspective on Bitcoin, Lightning, startup investing, and the ways in which the Lightning Network will be impactful to different sets of people all over the world. I learned a ton from this conversation, and I know you will too.
→ Craft Ventures: https://www.craftventures.com/
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
→ Lightning Address: ⚡kerooke@fountain.fm
Timestamps:
00:00 - Intro
01: 38 - Brian Murray Intro
07:18 - The Lightning Network’s Impact on Society
12:05 - Will Lightning Change The Way People Earn?
19:22 - How To Get More People Building on Bitcoin
21:22 - How Craft Ventures Partners Think About Bitcoin
23:36 - Craft Ventures’ Investing Process
28:28 - SaaS and Bitcoin Business Models
37:22 - Bootstrapping a Bitcoin Business
39:39 - The Lightning Network’s TAM
45:05 - Hedging Uncertainty with Bitcoin
48:00 - Measuring Bitcoin Adoption
55:19 - Lightning’s Impact in the Developing vs. Developed World
59:25 - Creating & Capturing Value on Lightning
1:12:30 - The Lightning Round

Activity

@jeffrey

2,500 sats

Mar 18 2022

The earliest days of a community forming are the best of days. Lets enjoy is boys. This comment feature is gonna be 🔥.

@petar

2,222 sats

Mar 17 2022

Big congrats to the team over at Fountain! Lovin’ the comments section!

@rolator

2,000 sats

Mar 18 2022

Great content and amazing interviewing skills. Also love the selection of guests you have on 🎉

@why

1,000 sats

Mar 17 2022

🔥🔥episode!!

@why

1,000 sats

Mar 17 2022

cool contest! Can you hold another contest soliciting best ideas for using sats to gamify the user experience? Maybe reward any ideas that actually get trialed. Also, love the interactive comment format but I’ll be curious to see how removing the “boost” button affects podcast revenue over the next weeks.

@why

100 sats

Mar 17 2022

scratch that boost is still intact

@aljaz

500 sats

Mar 18 2022

keep up the great work!

@why

100 sats

Mar 17 2022

lol. Ownership aspect is powerful. Once splitting gets set up, you could “sell” a 5% split for a given number of episodes to the highest bidder.