Ep. 32: Patri Friedman On 1000x Growth From Cypherpunk Ideas Into Mainstream Tech Culture, Using Venture Capital to Build New Cities & The Ethics of Upgrading Governance

Patri Friedman is the legendary founder of The Seasteading Institute, and General Partner at Pronomos Capital, a VC fund focused on improving statecraft.Patri is the foremost thinker behind the idea of "competitive governance". Patri has been a huge inspiration for this show, and for Infinita VC.This makes this one of the most defining and important episodes in the history of the podcast.We talk about Patri's life's work and the venture funding side of funding new cities or governance experiments to foster human progress and flourishing.Patri talks about how ideas like charter cities, AI safety, internet money or life extension were part of fringe, cypherpunk-like groups.These ideas gained adoption to millions with the expansion of the internet, Silicon Valley culture and blockchain/cryptocurrency technology.After working on alternative governance ideas for 15+ years, including the foundation of Seasteading, Patri turned to VC as a way to realize these ideas.In 2019, he founded Pronomos to support charter cities. Initially, with little dealflow, new projects are now more than ever reaching him.We talk about how Balaji Srinivasan's book "The Network State" has added new fuel to the movement by innovating on a model with lower barriers to entry.The movement is now at an inflection point.The "zero-to-one" has been achieved with Próspera Honduras, and several dozens of projects like Praxis, Small Farm Cities or Kift are maturing rapidly.At this inflection point, the movement needs founders and entrepreneurs. Patri is planning to start a venture studio that is building a sales pipeline with governments open to new models for economic development and matching with founders to start them.There is no better time to build!Infinita Linktree: https://linktr.ee/infinitavc This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.infinitacitytimes.com