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Is Web3 Technology or Political Ideology?

Web3 is interesting not because its just a new technology term, but it also defines a certain political belief underlying how society should be organized. A lot of crypto criticism also stems from the argument that blockchain as a technology is being force fitted into use cases that don’t require blockchain and its need for block chain is more about political ideology rather than technological requirements.

In this conversation Chris & Nataraj explore if Web3 is about technology or political ideology?

Chris is Managing Partner at Founders’ Co-op , Pacific Northwest’s leading seed-stage venture fund. He led the seed rounds for Seattle’s most recent successful IPO Remitly (NASDAQ:RELY) and $4B+ Outreach , was an early backer of Auth0 (acquired by Okta for $6.5B).

Check out the full conversation here, which includes:

  • Starting Patagonia’s online store
  • Bringing Risk Capital to Seattle
  • Running TechStars Seattle
  • Starting Founders Co-Op
  • Thesis behind investing in Remitly
  • New new thing & Web3
  • Investing takeaways from covid shocks


Past guests of Startup Project podcast include Ali Moiz (, Kirby Winfield (, Eric Bahn (Hustle Fund), and many more.

To stay up to date checkout & follow us on twitter: @natarajsindam


If you like this episode, you might also enjoy the conversation with web3 critique Liron.
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