Fair Launch is a New Way for Founders to Express Themselves: Gavin McDermott

Gavin McDermott is an investor at IDEO CoLab Ventures, the venture arm of design firm IDEO, and he’s one of the creators of Fair Launch Capital. Fair Launch Capital isn’t a traditional investment firm. Instead, it gives startups no-strings-attached funding so that they can afford security audits and launch their projects in a safe way. They’re asked to consider paying it forward by returning at least the same amount they got but ideally more, to fund the next project.

Gavin is hoping fair launch capital provides a viable alternative to venture capital, even if it does end up disrupting his fund's own business model. Since the group unveiled this new funding mechanism late august, the term “fair launch” has taken a life of its own, becoming a gold standard for any new DeFi venture.

Link to a partial transcript:
https://thedefiant.io/fair-launch-is-a-new-way-for-founders-to-express-themselves-gavin-mcdermott-of-ideo-colab/

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