155: Jehan Chu – Managing Partner, Kenetic Capital, The Bitcoin Association of Hong Kong

Summary: Jehan Chu was raised in New Jersey, spent some time outside of the United States before boarding at the Westtown Friends School. Academic excellence is a main tenant of this uniquely Quaker school in Pennsylvania…yet one of the main aspects of the school is its sense of community, intellectual curiosity and critical thinking. This must have mattered to Jehan, as those themes are pervasive throughout his adult life. While at university, he became interested in Web programming and then rode that interest to a job building the online presence and business of Sotheby’s in New York, followed by an opportunity to run their Client Development efforts in Asia. Jehan became more involved in the art world in Asia while at the same time becoming deeply interested in the BlockChain and Bitcoin. At some point the crypto community started taking up so much of this time and interest (He was a Founding member of The Bitcoin Association of Hong Kong and the Founder of Ethereum Hong Kong.) he started focusing full time on building the multi-faceted business that has become Kenetic Capital. Podcast highlights: [19:25] What is Tokenization? Why it matters and how it help startups [29:01] The role of the traditional VC equity in the ICO crowdfunding phenomenon [32:54] The 3 waves on how we see the ICO and Tokenization market Podcast notes: [00:05] Introduction to ATP Stories with Jehan Chu, Founder of Ethereum Hong Kong [00:20] How Jehan started with Sotheby’s and became head of Client Development in Sotheby’s APAC Region [06:36] How Jehan became more involved in the art world in Asia [10:51] Winklevoss twins became his first real touch point on Bitcoin in 2013 [13:18] Founding member of The Bitcoin Association of Hong Kong and Ethereum Hong Kong [16:15] How have you seen the growth of Blockchain since 2013 considering the interest in blockchain is much bigger now? [19:25] What is Tokenization? Why it matters and how it help startups [24:46] How do you see Initial Coin Offering (ICO) and the token market developing over time? What's your view on other peoples comment that this is a scam? [29:01] The role of the traditional VC equity in the ICO crowdfunding phenomenon [32:54] The 3 waves on how we see the ICO and Tokenization market [35:18] How will quantifying the entire supply chain of a business look like and then making it tradeable? [41:01] Thoughts about Jason Goldberg's Simple Token business [43:00] Jehan talks about his Investment Thesis [46:40] How will the crypto space progress