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PFP Podcast
PFP Podcast
7 episodes
1 day ago
Crypto podcast for entrepreneurs and builders
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Entrepreneurship
Business
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Crypto podcast for entrepreneurs and builders
Show more...
Entrepreneurship
Business
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[E2] 25-Year-Old Entrepreneur Builds $2.25B Layer 1 Blockchain in Just Two Years
PFP Podcast
1 hour 6 minutes 33 seconds
1 year ago
[E2] 25-Year-Old Entrepreneur Builds $2.25B Layer 1 Blockchain in Just Two Years

Before fully transitioning into the crypto space, Jason Zhao was the youngest Product Manager at Google DeepMind. Now, at 25 years old, he is an entrepreneur and co-founder of Story Protocol, which recently secured $80M in a Series B funding round led by a16z.


Addressing the issue of AI utilizing data without consent and benefiting from it without sharing rewards with original creators, Story is transforming intellectual property into IP Legos—modular and programmable assets that can be licensed, managed, and monetized via blockchain.


Today, we delve into Jason’s journey as the youngest PM at Google Deepmind, his venture into crypto, solving real-world problems through Layer 1 blockchain, the challenges of IP enforcement and protection, his biggest challenge as an entrepreneur, and his ultimate goals.


__________________________________

Timestamps

00:00 Teaser

00:48 Intro

01:04 What is Story?

02:36 How Jason first started Story

02:49 Jason's work as the youngest PM at Google DeepMind

03:20 Recognizing the problem created by AI that blockchain could solve

04:56 How Jason met SY

05:23 How Jason got into crypto

06:15 Libertarianism, socialism, and capitalism of blockchain

07:24 Studying CS and philosophy as an undergrad

09:01 Favorite school of thought

11:46 Representing a company through socials

13:10 Real-world problems that Story is solving

17:35 Who are the power-users of Story

17:44 Story's ecosystem partners from both Web2 and Web3

18:43 Why open source AI is much more important than closed source AI

21:34 Explain Story like I'm five

23:36 How Story wants to become an app store

25:54 What is remixing on Story?

28:08 Addressing potential challenges of IP enforcement

29:40 Multiple layers of IP protection

31:42 Strategy to onboard as much IP as possible

33:46: Why Jason is in Korea

34:25 Why Korea is an important market for Story

36:48 Story's envisioned community

37:58 Tech stack of Story

39:40 Why Layer 1

43:32 Investors' and advisors' reaction when Story transitioned to Layer 1

44:26 Story as a data availability layer or a settlement layer

45:45 Not being an object of an algorithm but a controller and a subject

50:24 Constitution and spontaneous order of a blockchain

53:05 Dispute mechanism and principles of Story

56:53 End goal of Jason

1:00:53 Satisfaction is deeper than hedonistic pleasure

1:03:09 Biggest challenge

01:06:00 Closing Thoughts


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[FOLLOW JASON & STORY👇]

• Twitter(X): https://x.com/jasonjzhao

• Twitter(X): https://x.com/StoryProtocol


[FOLLOW PFP PODCAST👇]

• Twitter(X): https://twitter.com/PFPpod

• Spotify: https://open.spotify.com/show/2EjrWcgasA3AQlYkXFFSV8?si=dd4132dcc2ee436f • Apple Podcast: https://podcasts.apple.com/us/podcast/profile-pictures/id1762620325 • Youtube: https://www.youtube.com/@pfppod


[FOLLOW CO-HOSTS👇]

• Brian: https://x.com/brianjhhong

• Jessie: https://x.com/0xJESSIE_

• JW: https://x.com/pillarbear_


__________________________________

[DISCLAIMER]

The information provided herein is intended for informational purposes only and should not be construed as financial, legal, or tax advice. The content of this video reflects the opinions of the speakers, who are not licensed financial advisors or registered investment advisors. Trading cryptocurrencies carries a significant risk of loss, and the speakers make no guarantees regarding any specific outcomes.

PFP Podcast
Crypto podcast for entrepreneurs and builders