2393: How Outlier Ventures is Pushing the Boundaries of Web3

Ben Meyer from Outlier Ventures joins me for a deep dive into the world of Web3, decentralization, and the unique challenges startups face in this arena. Outlier Ventures, renowned for propelling the Web 3 movement, boasts a track record of 25 cohorts, partnerships with multiple layer one protocols, and an impressive $350 million raised for their pre-seed portfolio companies. Ben delves into Outlier Ventures' mission to foster a decentralized economy, outlining the array of challenges that they help startups navigate. These include the technical intricacies of Web 3, issues of scalability, regulatory uncertainties, interoperability, user adoption hurdles, security concerns, talent acquisition, funding, and limitations of infrastructure. He also introduces us to the zero knowledge cohort, a program designed to mentor founders and assist them in exploring diverse design spaces and ecosystems. We also touch upon the importance of stress-testing projects for endurance through future cycles in the Web 3 industry. We delve into how DeFi can address challenges like transparency, auditability, and privacy, and discuss Ally Adventures' method of evaluating potential projects based on the resilience and adaptability of founders. Ben shines a light on the Aptos X Outlier Move accelerator program, which focuses on mainstreaming Web 3, enhancing user-friendliness, and boosting scalability. He also shares insights on Outlier Ventures' role in ecosystem development and the exciting convergence of AI and crypto. Finally, Ben explores the crucial role of zero knowledge in enabling scalability and privacy for Web 3, along with opportunities for infrastructure, tooling, and authentication. Wrapping up the conversation with a book recommendation, Ben invites eager listeners to reach out to learn more. Join us for this insightful conversation, offering a glimpse into the future of Web 3, the dynamic landscape of decentralization, and the exciting endeavors of Outlier Ventures.