Unscripted with @jrichlive ft. Mike Lazerow (Velvet Sea Ventures)

TL;DR

Mike Duboe, an entrepreneur-turned-investor, reflects on his journey, the importance of focusing on what you can control, the potential of Web3 technologies, and the value of doing the right thing.

Transcript

mike how are you man doing really really well thank you good afternoon new york time good morning uh san francisco yeah it's always a good day when i get to talk to you and uh it looks like you're in a new office this is my office uh beautiful not much here i got my sneakers golf clubs and my uh shepard ferry that's about it and my doodles pillow a... Read More

Key Insights

• 💢 The early internet era was a transformative time for entrepreneurs, with Duboe experiencing the growth and potential of the internet firsthand.
• ⌛ Focusing on what you can control and prioritizing actions is crucial for founders, especially during uncertain times.
• ❓ Web3 technologies, particularly digital ownership through NFTs, have the potential to disrupt industries and create tight-knit communities around shared interests.

Questions & Answers

Q: How did Mike Duboe's experience as an entrepreneur shape his perspective as an investor?

As an entrepreneur, Duboe learned the importance of focusing on what you can control and prioritizing actions. He brings these insights into his role as an investor, helping founders navigate uncertain times and make strategic decisions.

Q: What is the concept of digital ownership and why does Duboe believe it is transformative?

Digital ownership refers to the ability to buy, sell, and own digital items, such as non-fungible tokens (NFTs). Duboe sees digital ownership as transformative because it enables creators to monetize their work in a global market, disrupts traditional middlemen like auction houses, and allows for clear provenance and authenticity.

Q: How does Duboe advise founders to remain calm during times of uncertainty?

Duboe advises founders to focus on what they can control and prioritize their actions. By clearly communicating priorities to their team, founders can maintain a sense of purpose and progress, even in turbulent times.

Q: What is Web3 and why is Duboe bullish on its potential?

Web3 encompasses blockchain, decentralized finance, cryptocurrencies, and NFTs. Duboe is particularly bullish on the potential of digital ownership within Web3, as it has the power to transform industries and create strong communities around shared interests and values.

Summary & Key Takeaways

• Mike Duboe shares his background as an entrepreneur, starting his first company in 1994 and experiencing the early days of the internet.

• He highlights the importance of focusing on what you can control, especially during uncertain times, and advises founders to prioritize their actions and communicate those priorities to their team.

• Duboe discusses his bullishness on Web3 technologies, particularly in the area of digital ownership, and the potential for these technologies to transform various industries.

• He emphasizes the value of doing the right thing, both in business and in life, and how it can lead to long-term success and strong relationships.