Mike Dudas of 6th Man Ventures on Crypto, LinksDAO, and Applying a DAO Model to Biotech

Today’s guest is a good friend Mike Dudas. Mike Dudas is a fireball of creativity. He has many micknames, but I like ‘Fudas’ because he is not scared of an extra meal or five. I’m an LP in his fund, 6th Man Ventures, which he started with his best friend Serge Kassardjian. Before 6th Man, Mike was the founder of The Block, a leading crypto research and news site on digital assets. He’s been on every side of the field, up and down and around; VC Investor, Founder, Trader, you name it. Mike was the co-founder of Button, a mobile marketing platform. He’s worked at Google, Braintree/Venmo, and PayPal. Mike started his career in corporate M&A at Disney. He’s got a BA from Stanford and an MBA from Kellogg. There’s a lot to learn here, and I hope you enjoy this episode as much as I enjoyed making it.

You can listen to the podcast here on Spotify or Apple podcast and now all the episodes are on my Youtube channel as well. You can click subscribe on any of these channels and get the podcast alert each week.

You can also listen right here on the blog:

More details on the podcast are below…

Guest: Mike Dudas

Profile: Founder and GP at 6th Man Ventures

Where to Find Him: LinkedIn, Twitter

What’s Mike Panicked About?: His jpeg portfolio

Show Notes:

  • Introduction (00:38)
  • Welcome Mike Dudas to Panic with Friends (05:07)
  • Mike founds The Block around the end of the first crypto bubble and gets Howard’s advice. (06:16)
  • Being in the right role as a founder versus an operator. (09:31)
  • The business of Golf and the LinksDAO thesis. (11:16)
  • Operating and developing a high quality golf experience that’s accessible to everyone. (15:26)
  • If you don’t know crypto, just pay the 2 and 20. (19:34)
  • Using bitcoin as a store of value in a really high long-term inflation environment. (21:11)
  • Tokens allow you to have power in the network by incentivizing certain activities and helps with coordination. (22:21)
  • The smartest people in the world are not experts on which layer two solution will be dominant in five years time. (23:22)
  • We can’t all be Zuckerberg; the world needs operators. (26:14)
  • Starting 6th Man Ventures. (26:38)
  • New York is back baby! (31:23)
  • Mike’s younger days and starting at Disney. (33:56)
  • The Vibe bio project. A DAO model for getting drug discovery through clinical trials and into development. (38:41)
  • Wrapping up. (40:39)
  • Closing thoughts. (42:19)

© Panic with Friends, 2022. All rights reserved.

Host: Howard Lindzon | Producer: Knut Jensen | Researcher: Pete Weishaupt

Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For full disclosures: https://howardlindzon.com/disclaimer/