Is DePIN the future of crypto? Interview with Kyle Samani, Multicoin Capital | Venture Compass

We sat down for an exclusive interview with the Managing Partner of Multicoin Capital, Kyle Samani, to discuss all things crypto, venture capital, and Decentralized Physical Infrastructure Networks, otherwise known as DePINs. Multicoin Capital is a thesis-driven investment firm that invests in crypto companies and protocols across public and private markets.
- Website: https://multicoin.capital/
- Kyle (on X): @KyleSamani

Venture Compass is a VC-focused show that dives deep into Web3 venture capital and the fundraising market trends, backed by rigorous research and analytics. Interviews with strong venture capital founders, partners and fund managers reveal discourse on investment strategies, emerging verticals, and crucial ecosystem insights.
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Created by The VC Whisperer - a news aggregator and research platform for crypto-affiliated venture capital developments. We provide quality coverage and research on Web3 protocols and venture capital firms to a wide-reaching audience: VCs looking for dealflow, projects looking for funding and partnerships, and crypto enthusiasts looking for project access.
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Biggest kudos to our partner, Leviathan News, for their support!
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00:00 Episode introduction
00:32 Kyle's introduction
02:40 Exciting use cases of blockchain
03:16 Can crypto become an alternative to TradFi?
04:09 Multicoin Capital's portfolio overview
09:35 Solana
10:47 Project due diligence
12:26 Launching a token before product market fit
12:47 Does the VC investment model make sense?
14:09 Investment regrets
15:23 DePINs and Helium USPs
18:46 Can DePINs compete with traditional monopolies?
19:21 Biggest DePIN struggles
20:45 Gaps in the DePIN market
22:03 What to do in 2024?
23:25 Wrap-up

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