Why Crypto Will Grow 10x in The Next Decade | Dan Tapiero
Episode publishedPodcast: 1000X1000X
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Alright. Welcome everybody to another 1000x podcast. We are here today at the Digital Asset Summit in the Franklin Templeton booth with none other than Dan Tapiero, founder of used to be 10T, now 50T Holdings.
Fifty t Funds. Correct.
Fifty fifty t Funds. Yes. All five. And that change happened recently. Did it not?
No. It wasn't I mean, it depends what's recent. When you're in our space
I guess that's fair.
The speed of things. It was about a year ago. A year ago. Yeah. Yeah. We rebranded and the launch of our fifth fund, which we had its first close in December, And now we're sitting on a nice chunk of capital waiting to invest in, you know, growth stage companies. As you know, we are, as far as I know, the only growth stage equity, private equity fund in the world exclusively focused on cryptocurrency, blockchain, Web3 digital assets. And we're looking generally for companies that have evaluation, I'm sorry, are doing over 50,000,000 in revenue. Sort of rare, most of the names that you know, gu
What's funny with the 1000x name is the 1000x name is very tongue in cheek. It's because when we first started, whenever you're in crypto, people just assume that you're gunning for the moon. Yeah. That the only opportunities that exist out there are the meme coins, maybe you get a thousand X and our approach, I think your approach is, hey, there are actually some pretty amazing bets that you can take continuously over the years that might five to 10, maybe 15x, and you don't need to take these immense risks.
Right. Well, I think there are a lot of very high quality companies that people just aren't aware of. I mean, you look at our portfolio, I've mentioned a few. Figma is another one, Ledden, Ledger, and Amoka. I mean, these companies are doing significant revenue. Some of them on the brink of being public maybe once this macro turbulence subsides. I just think we're now in a very important transition phase where, you know, the previous bull phases, there was always sort of this bro euphoria thing and pumping and dumping and all of this kind of, as you mentioned, 1000x, etcetera, mentality. And I
No. I mean, that makes total sense. Yeah. And I actually I'm curious. So when you first start Tentee Holdings, you call it TNT because you're looking for the market to go to 10,000,000,000,000.
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