
Generalist VCs unpack the risks and rewards of bootstrapping liquidity with tokens
Episode 509 of The Scoop was recorded with The Block's Frank Chaparro, M13 General Partner Latif Peracha, and M13 Principal Mark Grace.Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Please send feedback and revision requests to [email protected] this episode, host Frank Chaparro is joined by M13 General Partner Latif Peracha and M13 Principal Mark Grace.The conversation explores the risks and opportunities presented by crypto's volatile liquid tokens, as well as the need for crypto founders to balance short-term liquidity with long-term potential when it comes to bootstrapping.OUTLINE 00:00 Introduction 01:17 Sponsor Shoutouts 03:40 Overview of M13 08:07 Generalist Crypto VCs 10:35 IPOs vs. ICOs 12:42 Token Volatility 18:32 Taking Profit 22:30 Opportunities in CeFi vs. DeFi 28:20 Regulatory Clarity & Innovation 31:17 Predictions & Closing ThoughtsGUEST LINKS M13 - https://www.m13.co/ M13 on X - https://x.com/M13Company Latif Peracha on X: https://x.com/latifperacha Mark Grace on X: https://x.com/markwgraceDisclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.