Insights Into Web3: A Discussion with Leading Venture Capitalist Miko Matsumura

In this captivating episode of The Silicon Dreams presented by Orbis86, host Soniya Ahuja engages in an enlightening conversation with Miko Matsumura, General Partner at gCC Gumi Cryptos Capital. Miko, renowned for his deep expertise in open-source software and a former Chief Developer Evangelist at Sun Microsystems, brings his wealth of experience to the forefront. Having raised over $50M in VC funding for tech companies and holding a master’s degree in Neuroscience from Yale University, Miko is at the nexus of innovation and investment. 

Soniya Ahuja opens the discussion by inviting Miko to introduce himself and shed light on his pivotal role in the Web3 world. Miko eloquently articulates his position as a managing partner at Gummi Cryptos Capital, a venture capital firm committed to catalyzing early-stage Web3 and DLT companies. 

Delving into Miko’s journey, Soniya explores the genesis of his involvement in Web3 and investing. Miko reflects on his tenure at Sun Microsystems, where he witnessed the transformative power of open-source software, laying the groundwork for his foray into the realm of Web3. His realization of the potential of projects like Bitcoin and Ethereum to revolutionize the financial landscape spurred his deep dive into investing in Web3 technologies. 

As the conversation unfolds, Miko delineates his perspective on Web3, elucidating its fundamental principles rooted in consensus, cryptography, and consent. He underscores the paradigm shift from traditional finance to open-source money, driven by the imperative to enhance security, privacy, and trust in the digital realm. 

Soniya probes Miko on the prevailing trends in 2024 within the Digital Currency landscape, prompting him to emphasize the importance of discerning genuine investment opportunities from speculative ventures. Miko advocates for a strategic focus on projects with tangible value propositions and enduring viability, cautioning against the allure of fleeting trends. 

A pivotal aspect of the discussion revolves around the significance of scrutinizing the individuals behind Digital Currency projects to safeguard against potential scams. Miko underscores the imperative of exercising caution, conducting thorough research, and investing only what one can afford to lose to mitigate risks in the volatile Digital Currency market. 

In a thought-provoking exchange, Miko expounds on the risks associated with following investment advice from influencers or VCs, advocating for a discerning approach grounded in prudent risk management. 

Closing the dialogue, Miko offers invaluable insights on navigating the complexities of the Digital Currency market while minimizing risks, emphasizing the importance of striking a balance between curiosity and prudent decision-making.  Watch the whole episode here.