Andy Kangpan, a Principal at Two Sigma Ventures, shares his experience supporting founders building enterprise software, cybersecurity, and crypto startups. Andy talks about the growth of decentralized finance (DeFi) and gives real-life risk management tips for entrepreneurs and investors wishing to venture into DeFi. In this episode, you’ll learn:4:15 Risk-taking for venture capital investors means thoughtfully making calculated bets on ideas that have a clear path to sustainability.8:30 Ideas for finding unique insights into quickly growing nascent spaces12:13 Decentralized finance represents a big paradigm shift, but are we there yet?16:33 How risky is decentralized finance as an asset class? What should founders know before venturing into this field?The non-profit organization that Andy is passionate about: NYU Entrepreneurship InstituteAbout Guest SpeakerAndy Kangpan is a Principal at Two Sigma Ventures. He currently focuses on investments in enterprise software, cybersecurity, and crypto. Andy has been an operator, advisor and investor. Prior to joining Two Sigma, he was an investor with ff Venture Capital where he invested in early-stage companies building innovative technologies in areas such as robotics and machine learning.Fun fact: In his spare time, Andy enjoys skateboarding, gaming, devouring science fiction, and going to concerts around the city.About Two Sigma VenturesTwo Sigma Ventures is a New York City-based venture capital firm investing in transformative companies harnessing information growth and computing power to change the world. The firm supports data- and computing-driven transformation in every industry - from infrastructure tools and healthcare to real estate and consumer hardware. Its portfolio companies include Anomalo, Brella, Carbon, Enveda, Firedome, GitLab, Odeko, Remote, Radar among others.Next Week’s EpisodeComing up next week in Episode 87, we welcome Winter Mead, the founder and CEO of Coolwater Capital. Coolwater is a new organization that is changing the way venture capital investors build new firms. Winter will take us behind the scenes to show us how venture capital works, how LPs think about the industry and what Coolwater is doing to revolutionize the sector.Subscribe to our podcast and stay tuned for our next episode that will drop next Tuesday. Follow Us: Twitter | Linkedin | Instagram | Facebook

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