#9: Regan Bozman, Lattice | Product-market fit, building moats, & picking winners at seed in crypto

Today’s guest is Regan Bozman. Regan is the co-founder of Lattice, an early-stage crypto venture fund. Regan Bozman: Learn more: https://twitter.com/reganbozmanhttps://www.lattice.fund/00:00 - Regan’s background01:56 - ICO takeaways05:25 - Changes in the crypto investor landscape13:40 - Improvements in the space16:33 - Building for the current crypto audience19:45 - Lattice’s founding thesis and development21:14 - Non-crypto-native funds returning to crypto22:55 - Competing with crypto’s biggest funds24:15 - Exciting areas and contrarian positions30:18 - Private VC rounds vs market buying32:08 - Lattice’s perfect deal34:47 - Having an irrational belief in crypto36:00 - Making contrarian bets40:13 - Valuing equity vs tokens41:14 - Building moats in crypto43:20 - Types of distribution45:16 - Organic crypto marketing46:25 - Lattice’s investing process48:37 - Examples of failed deals50:00 - Investing in applications53:43 - How experience informs how Lattice invests55:45 - Where the market is going58:08 - Product-market fit in cryptoFollow: https://twitter.com/wallfacerlabsAnd subscribe for all our other content: https://linktr.ee/wallfacerlabs This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com