Felipe Montealegre and Noah Goldberg (Theia Capital) on Investing in Internet Capital Markets (EP.668)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
Transcript preview
Preview only
Today, I sat down with Felipe and Noah of Thea Capital. Thea is a crypto investment fund focused on investing in liquid tokens over long time horizons. I've had the pleasure of knowing the Thea team since they got started in early twenty twenty two, and I think of them as, without a doubt, some of the best in the business. Our discussion touches on identifying opportunities among a wide frontier, crypto's institutional capital base and the extent of venture activity over hedge funds, finding the best founders, and exciting themes going forward. I hope you enjoy our conversation.
Matt Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Casanos may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only.
Brought down by Bad Mortgage Investments, Lehman, which has 25 employees, will be liquidated. The federal government loans American International Group, AIG, $85,000,000,000. This is a different kind of market, and the Fed is asleep. The federal government is stepping in to stabilize Fannie Mae and Freddie Mac, the two mortgage giants that have been threatened by the housing crisis.
The Bank of England has pumped £75,000,000,000 more into Britain's ailing economy with a new round of quantitative easing.
They print a couple trillion dollars, and all of a sudden, people start to worry. So out of this worry, we have something called the Bitcoin. Bitcoin.
Felipe and Noah from Thea Capital, thanks for coming on the podcast today. I'll start off by saying I have an immense respect for you guys and what you built. I'm looking forward to having this conversation. I think you guys have built an exceptional reputation in the crypto ecosystem and excited to hear your latest insights with that in mind. I'll start off with I think there's a lot of noise in the crypto and crypto asset space right now. Digital asset treasuries, people are talking a lot about that. I think people are trying to assess what has value in the frontier of tokens, especially whe
Why? Thanks for having us on. Again, we echo the sentiment. We have immense respect for you and the Castle Island team, so thank you very much. Yeah. On that question, I'll take a cut. I know Noah has a lot of thoughts on this, but we've been investing in the market for about four years now. And one of the nice things about the crypto market is you get to really speed run a career in investing in terms of your emotional control and, like, ability to interact with volatile markets. So when I was doing private equity investing, would read all these public letters where he talked about the one or
Noah, I wanna hear your view as well. But, Felipe, just on that, I wanted to say quickly, I completely agree that you see more of these what I'd call market regimes in crypto. But I'd also even just say in in this period called the last five or six years with the crypto market's actually been mature, it's been a tumultuous market even from a traditional landscape. You're a bit older than I am, but I started following markets closely in probably the late twenty tens. And you look at, like, 2016, 1718, '19 as a lot of the same. But then you look at, like, 2021, '22, '24. You've seen four or five
I agree with
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.