
Crypto’s latest crash and where web3 falls short (with Aaron Levie)
06/16/22 • 41 min
Welcome back, this week Anita and Lucas discuss another stressful week for crypto markets which has pushed even bullish investors into bearish territories. We also chatted about growing crypto regulation efforts and Jack Dorsey’s latest effort called “web5”.
In their interview this week, Lucas and Anita chat with Aaron Levie. Levie is the CEO of enterprise software company Box. While his day job doesn’t have anything to do with the blockchain, he has attracted the ire of plenty of crypto VCs for sharing thoughts on Twitter about why web3 won’t work. We caught up with Levie about some of his biggest complaints and what it would take for him to angel invest in a crypto startup.
Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Helpful links:
- https://techcrunch.com/2022/06/14/coinbase-ceo-says-it-is-laying-off-18-of-its-workers/
- https://techcrunch.com/2022/06/13/as-celsius-accelerates-the-crypto-sell-off-who-pays-the-price/
- https://techcrunch.com/2022/06/14/binance-crypto-exchange-hiring-plans-fight-crypto-winter/
- https://techcrunch.com/2022/06/13/crisis-on-the-blockchain/
- https://twitter.com/levie/status/1477052989881782272
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome back, this week Anita and Lucas discuss another stressful week for crypto markets which has pushed even bullish investors into bearish territories. We also chatted about growing crypto regulation efforts and Jack Dorsey’s latest effort called “web5”.
In their interview this week, Lucas and Anita chat with Aaron Levie. Levie is the CEO of enterprise software company Box. While his day job doesn’t have anything to do with the blockchain, he has attracted the ire of plenty of crypto VCs for sharing thoughts on Twitter about why web3 won’t work. We caught up with Levie about some of his biggest complaints and what it would take for him to angel invest in a crypto startup.
Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Helpful links:
- https://techcrunch.com/2022/06/14/coinbase-ceo-says-it-is-laying-off-18-of-its-workers/
- https://techcrunch.com/2022/06/13/as-celsius-accelerates-the-crypto-sell-off-who-pays-the-price/
- https://techcrunch.com/2022/06/14/binance-crypto-exchange-hiring-plans-fight-crypto-winter/
- https://techcrunch.com/2022/06/13/crisis-on-the-blockchain/
- https://twitter.com/levie/status/1477052989881782272
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Previous Episode

a16z VC on crypto criticism and their $4.5 billion bet (with Sriram Krishnan)
Welcome back, this week Lucas and Anita discuss investor drama facing blockchain startups during the market crash and the major piece of crypto legislation that just went live on the US Senate floor.In their interview this week, Anita and Lucas chat with Sriram Krishnan. Krishnan is a general partner at Andreessen Horowitz (a16z), which he joined after a trifecta of senior roles at Twitter, Facebook and Snap. Krishnan recently joined the crypto team at a16z, which recently debuted a new $4.5 billion crypto mega fund. We chatted about crypto controversy and opportunities in web3 social with Krishnan. Our interview was edited for length and clarity.
Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Helpful links:
- https://techcrunch.com/2022/06/08/proposed-bipartisan-us-crypto-bill-could-be-sigh-of-relief-for-the-industry/
- https://techcrunch.com/2022/05/25/amid-crypto-downturn-a16z-debuts-4-5-billion-web3-mega-fund/
- https://twitter.com/levie/status/1531498735137476608
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Next Episode

How web3 creators can make the most of the crypto crash (with Latashá)
Welcome back, this week Anita and Lucas discuss the $258 billion Dogecoin lawsuit facing Elon Musk, how crypto collectible lovers are partying through the pain at the NFT NYC event and how some DAOs are showing the dark side of digital democracy.
In their interview this week, Lucas and Anita got the chance to talk with musician and visual artist Latashá. In addition to creating crypto art, Latashá is the Head of Community at NFT startup Zora which recently raised a big round of funding. We talked with her about how the downturn will impact crypto creators and what web3 really has to offer artists.
Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Helpful links:
- https://techcrunch.com/2022/06/16/dogecoin-investor-sues-elon-musk-tesla-and-spacex-for-258-billion/
- https://techcrunch.com/2022/06/20/afropolitan-raises-2-1m-to-build-a-digital-nation-backed-by-balaji-srinivasan/
- https://techcrunch.com/2022/06/21/magic-eden-raises-130m-hitting-unicorn-status-at-1-6b-valuation/
- https://twitter.com/regiscake/status/1539338847829782528?s=20&t=gxtu5vdu6FyYcGw-LpT_bg
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
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