Grant, co-founder of Ten31, shares the origin story of the investment platform and its focus on supporting Bitcoin companies. The team has a vast background in investing and decided to launch Ten31 to support companies in the Bitcoin ecosystem. Ten31 provides capital and partnership opportunities and focuses on companies that are Bitcoin-first or incorporate Bitcoin into their business models. They invest across various sectors, including financial services, mining, and hardware.

The funds offered by Ten31 cater to different investor classes, with the Low Time Preference Fund targeting institutional investors and the Tactical Fund allowing smaller individual investors. The funds invest in companies at different stages, from pre-seed to series A and beyond. Grant explains how investing in the Bitcoin ecosystem offers unique opportunities for collaboration and network effects. The episode covers how holding Bitcoin on a company's balance sheet can mitigate the need for future fundraising and contribute to equity value growth. The investment process varies for each company, but transparency and alignment with Bitcoin values are key for Ten31. Grant also highlights the importance of supporting open-source development for the growth of the ecosystem.

Follow Grant https://primal.net/grant
https://ten31.vc/home

00:00 The Origin of Ten31 and its Focus on Bitcoin Companies
07:25 Diverse Investment Portfolio: Financial Services, Mining, and Hardware
25:53 Active Funds and their Investor Classes
40:30 The Opportunity Cost of Bitcoin's Price Appreciation
51:54 Back the Best Founders Who Are Masters of Their Craft
58:35 Finding Your Sweet Spot as a Startup
01:02:55 Contributions to Open Source

https://www.buildwithbitcoin.xyz/
https://twitter.com/BuildwBitcoin

Parker Lewis, Educator, Author, and Head of Business Development at Zaprite, shares his journey into the world of Bitcoin and the importance of Bitcoin payments. He discusses his background in traditional financial services and how he became skeptical but eventually came to understand the problems with the legacy financial system.

Parker emphasizes the need for Bitcoin to be both a store of value and a medium of exchange, and how Bitcoin payments are essential for businesses. He introduces Zaprite as a payment gateway that enables businesses to accept Bitcoin payments seamlessly, without the need to change their custody methods. Their customers are primarily in the US, but they have users all over the world. Zaprite operates on a software-as-a-service model and charges a fixed monthly fee. Zaprite aims to make it easy for anyone, regardless of technical knowledge, to accept Bitcoin as payment.

Follow Parker:

• https://twitter.com/parkeralewis
• Zaprite: https://zaprite.com/
• Parker's Book "Gradually, Then Suddenly" can be found at https://thesaifhouse.com/
• Parker's Presentation "Bitcoin is Not a Hedge" on YouTube: https://youtu.be/Z6qzEYxBYcQ?si=ueN9ORmyEVlTvqUi

00:00 Introduction and Background

05:25 Involvement in the Bitcoin Community

10:14 Transition from Skepticism to Belief in Bitcoin

16:20 Bitcoin as a Store of Value and Medium of Exchange

36:08 User Experience with Zaprite

37:04 Target Market for Zaprite

38:59 Accepting Bitcoin Payments

47:57 Monetization and Funding

51:16 Growth and Team

56:03 Investment and Financing

01:05:49 Bitcoin as a Payment Rail

01:08:52 Costs of Accepting Bitcoin

01:13:37 De-Risking Your Business

01:15:43 Where to Find More Information

https://www.buildwithbitcoin.xyz/

https://twitter.com/BuildwBitcoin

In this conversation, Samson Mow discusses his background in Bitcoin entrepreneurship and the vision of Jan3 in accelerating hyper-Bitcoinization. The need for Bitcoin to be more than just a store of value is highlighted, as Samson explains how Jan3 presents the value proposition of Bitcoin to nation-states. The role of the Aqua Wallet in grassroots adoption and its potential for government integration is discussed, emphasizing its utility and simplicity. The vision for Jan3 and Aqua Wallet is to onboard the next billion people and provide utility in their daily lives, by expanding the on and off-ramps for different regions and through providing a wide range of services in the marketplace.
Samson Mow can be found on X (@Excellion) and more information about Jan3 and Aqua Wallet is available on the Jan3 website, https://jan3.com/

Takeaways

• Aqua Wallet is a non-custodial wallet that allows users to store Bitcoin, liquid Bitcoin, and UCT, providing on and off-ramps to different networks. The user-friendly interface of Aqua Wallet makes it easy for anyone to use, with clear designations for savings and spending.
• The focus of Aqua Wallet is on the Latin American market, where there is a strong demand for stablecoins and a need for a stable conversion rate.
• Starting a Bitcoin-based company requires a long-term commitment and a focus on the foundational and transformational aspects of Bitcoin.

Chapters
00:00
Introduction and Focus of the Podcast

05:33
Background in Bitcoin Entrepreneurship

08:20
Jan 3's Vision and Activities

11:11
Importance of Tether in the Ecosystem

13:14
Bitcoin as a Financial System

20:02
Financial Activities of Jan 3

22:14
Bitcoin Bonds and Debt Relief

24:08
Role of Aqua Wallet in Adoption

26:28
Origin and Features of Aqua Wallet

27:54
Introduction to Aqua Wallet and its Features

29:17
User-Friendly Interface and Design of Aqua Wallet

30:48
Designation of Savings and Spending in Aqua Wallet

32:40
Targeting the Latin American Market with Aqua Wallet

34:00
The Need for Aqua Wallet in Latin America

35:06
Adoption and Marketing of Aqua Wallet

36:30
The Origins of the Name 'Aqua'

38:44
Benefits of Liquid Network over Lightning Network

39:11
The Potential of Liquid Network

44:05
The Vision for Jam 3 and Aqua Wallet

45:19
Monetization Model for Aqua Wallet

47:23
Expansion of Aqua Wallet's Marketplace

49:01
Funding and Investment Plans for Jan 3

51:36
Talent Pipeline and Hiring Needs for Jan 3

53:05
Advice for Starting a Bitcoin-Based Company

54:11
The Drive for Bitcoin Adoption

55:23
Where to Find More Information