Dave Ripley: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? | E1108

Notion combines your notes, docs, projects into one space that’s simple and beautifully designed, with the power of AI built right inside — not a separate AI tool or browser tab. Try Notion for free when you go to notion.com/20vc --------------------------------------------- Dave Ripley is the CEO @ Kraken, one of the world’s largest cryptocurrency exchanges, valued in 2022 at a whopping $10.8BN. Prior to Kraken, Dave was the Co-Founder of Glidera, a market-leading Blockchain technology company that Kraken acquired in 2016. ----------------------------------------------- Timestamps: (00:00:00) Intro (00:00:48) Introduction into the World of Crypto (00:02:14) The Origins of Kraken (00:03:19) From COO to CEO: Lessons and Challenges (00:07:06) Is Kraken Targeted by the SEC? (00:09:32) Should Gary Gensler Step Down? (00:10:35) Future US Presidential Election's Impact on Crypto (00:11:54) Coinbase vs. Kraken Branding (00:13:04) Commoditization of Marketplaces (00:14:54) The Utility Value of Crypto (00:18:40) Crypto’s Volatility (00:22:28) Crypto as Future Infrastructure (00:25:20) Paying Employees in Crypto (00:28:20) Managing Morale in a Volatile Market (00:30:01) Balancing Parenthood and CEO Role (00:30:54) Remote Working Effectiveness (00:32:14) Quick-Fire Round ----------------------------------------------- In Today’s Episode with Dave Ripley: 1. From Boston Consulting Group to CEO of Kraken: How did Dave first make his way into the world of crypto? What are the single hardest elements of a CEO transition? What does Dave know now that he wishes he had known about CEOship? 2. What is the Usage for Crypto: Other than as a store of value, what application usage does crypto serve? Global payments are fine as is and are improving, why do they need crypto? Global remittance is served by Remote and Deel, why do they need crypto? No applications have been provided well, what really is the use case that makes sense? 3. Should Gensler Be Let Go and The SEC is Wrong: Why is the approach of the SEC completely flawed? Should Gensler be fired for his ineffectiveness? What is the right policy stance and approach to take from here? ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on Twitter: https://twitter.com/HarryStebbings Follow Dave on Twitter: https://twitter.com/DavidLRipley Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #harrystebbings #20vc #business #venturecapital #crypto #daveripley #kraken