Is Robotics The Next Megabubble?
Episode publishedPodcast: 1000X1000X
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Welcome to a great episode of a thousand x. We're super happy to present Andrew Kang, founder of Robostrategy, here to talk to you about all of the incredible things that are happening in the robotics industry and the launch of his new product. This is potentially a $10,000,000,000,000 industry according to Andrew, and I do happen to agree with that. And in this episode, we talk about all of the things that you need to know about this next potential mega bubble. So make sure if you like the episode, you click like, you click subscribe, you tune in because we livestream on Wednesdays and Friday
Thanks for having me, Avi.
This is fun. I know we've we've known each other we've known each other for a bit, but we've known each other from the world of crypto. And now you're known as the Roboking, the moniker that people are giving you online of
I haven't heard of that one, but that's fun.
I've I've I've I've seen that around. You've gone super, super, super deep into the world of robotics. And this is a world that I don't think a lot of our listeners or a lot of people have really paid super close attention to. It's getting hot right now. And I wanted to start by asking you, really, you started off in crypto, you started off as an investor, and then you get into robotics. How did that take place? Maybe walk me through your entry into investing and your evolution from crypto investor into robotics investor?
I would say my professional entry into investing was probably around the 2018 time period. Went really heavy into crypto when the markets were dying. I would say had a little bit of a sunrun being early in sectors like DeFi that weren't really established at the time but eventually took off. Brought on five or six other people to help manage the portfolio and start what is known as mechanism capital. We never took outside capital and our primary focus was investing and trading the crypto markets and having active venture capital investing as well. We never really ventured too much outside of t
That makes total sense. But I wanna dig in here because I think this is something that's really important, especially for investors in general and people that are looking at how how do I how do I even begin to navigate this world? You're in crypto. You're in DeFi. There are so many different industries that you could have gone into. Right? You could have looked at space. You could have looked at AI. You could have you could have looked at robotics. There are probably some red herrings out there in industries that you could have gone down that didn't didn't pan out. I mean, like, what what real
Yeah. I I wouldn't say, like, I was a super sci fi nerd, but I'd always appreciated some of the movies. It it you know, I think space, while it it wasn't as hot as it is right now, SpaceX, I think, was starting to get proven already. It was at a significant valuation and there was interest in the space. If you look at the total market cap of all robotics companiesprivate robotics companies at the timeit probably was like $20,000,000,000 Right now, it's probably around $100 $150 maybe pushing 200,000,000,000 And XRP is close to $100,000,000,000 The total market cap of Pokemon trading cards is a
Yeah. I mean, what do you what do you what do you think about that? Like, what is let's let's say the world's 2035 or whatever year you think the the robots the robots are coming. What what types of things are these humanoid robots doing? I mean, what how are they how are they contributing to to to this world? How how might you and I interact with them?
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