Ali Hamed is a name you may not be familiar with yet, but we’re betting you will be. At just 26 years old, Ali is not only a co-founder of CoVenture – a firm that invests pre-seed venture capital, provides unconventional debt financing and manages a cryptocurrency index fund – but is also one of the clearest thinkers we’ve come across in our time at Equity Mates. We heard a couple of interviews Ali had done and were taken by the way he thought and his ability to express his insights clearly. From why the 2 hour movie is dead, to the practical utility of crypto, we think you’ll enjoy this one.
In this episode you will learn:
- Why Ali thinks the 2 hour movie is the modern day Shakespearean sonnet.
- Ali’s personal journey; from baseball scholarship, to sleeping on a park bench, to co-founding CoVenture.
- One thing all company founders should remember when pitching to investors.
- Any companies that Ali regrets passing on.
- Why CoVenture looks for unpriced assets rather than mispriced assets.
- The story of the creation of fiat currency (government-backed currency) and how that helps us think about cryptocurrency.
- Why Ali is more bullish on bitcoin than the blockchain.
- Some companies that may benefit from embracing crypto.
- How Ali would value a digital account – like Instagram, AirBnB etc.
- Why you should only consume media you pay for.
- What keeps Ali up at night
Stocks and Resources discussed: