On Friday, April 16, Sanjay Patnaik, director of the Center on Regulation and Markets (CRM) at Brookings sat down with tech venture capitalist Bill Tai to discuss these questions and more. Tai has been funding startups since 1991, and 22 of his startups grown to become listed companies. Since 2010 he has been backing companies with his own capital; among other hits, he was the first backer to commit to the seed of Zoom Video, now a $100 billion company, and is also an angel investor behind Dapper Labs, the market share leader in NFTs with NBA TopShot. From his seeds have grown BitFury, Canva, ColorGenomics, Hut8 Mining, SafetyCulture, TweetDeck /Twitter, and Wish.com.
This event was part of CRM’s “Reimagining Modern-day Markets and Regulations” series, which focuses on analyzing rapidly changing modern-day markets and on how to regulate them most effectively.