VC Fund Backs an Alternative Finance System: Erikan Obotetukudo

The video discusses the potential of the next generation of the Internet, focusing on investing in overlooked entrepreneurs, particularly in Africa. It highlights personal experiences with crypto, emphasizing the benefits of blockchain for financial transactions. The video also explores investing in user-friendly crypto solutions and empowering people of color in the crypto space.

What is the main focus of the speaker's fund?

• Investing in traditional banks

• Supporting overlooked entrepreneurs to create a better Internet

• Developing new social media platforms

• Building new physical infrastructure

What personal challenge led the speaker to explore blockchain technology?

• Lack of educational opportunities

• Inability to access traditional banking services

• Difficulty in finding a job

• High cost of living in the United States

Why does the speaker believe blockchain is beneficial for transferring money?

• It is regulated by governments

• It offers high interest rates

• It eliminates the need for intermediaries

• It allows for anonymous transactions

What is the speaker's view on the current state of decentralized apps (dApps)?

• They are confusing and need to be more user-friendly

• They are perfect and need no improvement

• They are only for tech experts

• They are too expensive to develop

What type of companies is the speaker's fund interested in investing?

• Companies focusing on physical retail

• Companies developing traditional software

• Companies creating user-friendly dApps

• Companies in the automotive industry

What community does the speaker mention that supports people of color in crypto?

• Crypto Innovators Network

• Global Crypto Alliance

• Blockchain for All

• Crypto for Black Economic Empowerment

How many companies does the speaker's fund aim to invest in per quarter?

• 5 to 10

• 3 to 5

• 10 to 15

• 1 to 3