Jarrod Dicker: Investing in Passion - [Web3 Breakdowns, EP.29]

This is Eric Golden and my guest today is Jarrod Dicker. Jarrod is a Partner at The Chernin Group, a consumer-focused investment firm, where he invests in Web3, blockchain, and other tech that connects fans with creators. Before TCG, Jarrod was the CEO of Po.et, a decentralized media start-up, and Commercial Chief at the Washington Post. He has spent his career at the intersection of media, technology, and consumer products – which is the focus of our discussion. Please enjoy this conversation with Jarrod Dicker. 

For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.

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Show Notes

[00:02:14] - [First question] - The evolution of the media industry post-internet age

[00:06:23] - Bottoms-up ownership models of talent and whether or not power laws still exist

[00:11:21] - Distilling big scenarios into simple narratives and where we are in the crypto narrative cycle

[00:15:59] - Disintermediation between artists and their fans and the direct to fan connections that blockchain tech unlocks for creators 

[00:20:02] - Tiering structures, underestimating the financial dedication of super fans, and circumnavigating wealthy gatekeeping 

[00:25:13] - His venture funding investment process

[00:30:51] - Some of his biggest surprises about people’s misunderstandings of web3

[00:35:05] - The blindspots of the web3 space that should be discussed

[00:40:17] - Humility amongst some of the most savvy builders in the crypto space

[00:43:38] - Thoughts on the shift from renting to owning and the financialization of everything

[00:48:14] - An ecosystem built around a focus on the active consumer 

[00:50:18] - What he’s most excited to invest in or build over the next six months and six years 

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