Oleg Mikhalsky is a Partner at Fulgur Ventures, a VC firm focused on investing in Bitcoin and Lightning Network companies.
Oleg and I spoke about why Fulgur is so excited about the Lightning Network, new business models enabled by Lightning, attracting founders to build on Lightning, valuations in the Lightning startup ecosystem, and the different types of adoption the Lightning Network is seeing today.
→ Fulgur Ventures: https://fulgur.ventures/
The Lightning Round is sponsored by Voltage, where you can ask me questions over the Lightning Network.
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At the end of every show I answer any questions listeners send in over the Lightning Network.
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00:00 - Intro
01:43 - Oleg Mikhalsky Intro
05:59 - Lightning Network Progress Since 2018
09:27 - Is Lightning Adoption Tied To Bitcoin’s Price?
12:25 - Why Invest in Lightning Companies?
17:17 - The Importance Of Value-Add Investors
22:16 - The Lightning Network’s Impact on Existing and New Markets
28:13 - Missing Components of the Lightning Ecosystem
32:08 - How Will the Metaverse Evolve?
36:26 - Proven Business Models in Lightning
43:13 - Are Lightning Companies Appropriately Valued?
49:51 - Are There Enough Founders Building on Lightning?
54:28 - Convincing Founders To Build on Lightning
58:23 - Where Does Lightning Adoption Come From?
01:05:03 - El Salvador’s Approach To Bitcoin
01:09:50 - Lightning Network Predictions
01:17:28 - The Lightning Round