DePIN Roundtable: September 2025 | Santiago Santos, Jason Badeaux, Sal Gala, Connor Lovely

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Santi, Jason, Sal & Connor explore the realities of scaling. Highlighting why sometimes doing things that don’t scale is the key to growth - and how lessons from running reflect the discipline required in business. The speakers discuss the fundraising journey, the importance of building strong investor relationships, and the unique value private equity can unlock, before diving into the intersection of crypto and DePIN technology and their potential to transform industries. From innovations in energy distribution to the surging demand for wireless and Helium’s deflationary model, they unpack the market dynamics shaping the future. At the core is a focus on community-driven user acquisition, clarity, and the principle of going slow to go fast.

Timestamps:

00:00 - Introduction

01:02 - Scaling Insights from Running and Business

05:58 - Fundraising Journey and Investor Relation

11:47 - Unique Insights in Private Equity and Crypto

18:03 - DePIN Technology and Real-World Applications

23:47 - Innovations in Energy and Distributed Power

29:57 - Market Strategies and User Acquisition

35:37 - Helium's Deflationary Model and Market Dynamics

Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.