Digital Currency Group Founder Barry Silbert’s Advice for 2019

The Digital Currency Group is one of the largest investment firms in the industry with major investments in Coinbase, Circle, CoinDesk, Protocol Labs (Filecoin), CryptoKitties, and a number of digital currencies. On October 15th, 2018, Founder Barry Silbert welcomed the founders from their portfolio companies at their yearly DCG Founder Summit. Blockchain Beach obtained the slides from those welcome remarks. Key slides and takeaways included:

Their company structure:

And latest investments:

They recapped 2018 with a bullish outlook, although interesting to note their proclamation that “ICOs are Dead:”

They are expecting 2019 to be “huge for Crypto:”

Finally, they gave advice to founders about what they should be focused on for 2019:

And what they should ignore. Again note that “the market for new tokens is dead:”

In summary, don’t do an ICO, BUIDL, and enjoy 2019.