Brooke PollackFounder & Managing Partner at Hutt Capital.
Description
Brooke Pollack is the Founder and Managing Partner at Hutt Capital, a blockchain venture capital fund of funds and direct investment firm.
After a lot of work with investing and VC, Brooke steered Greenspring Associates into work with crypto and blockchain before eventually founding Hutt Capital.
In his work with very wealthy families as clients, Brooke had trouble convincing them to invest in Bitcoin and digital currencies because they prefer something tangible, so he needed to do a lot of educating.
Blockchain is growing its market share of VC deal activity. There were over 600 blockchain deals in 2019.
Brooke thinks the tipping point for when larger firms will have to stop ignoring crypto is when they’re forced to pay attention to the returns they see happening that they want to have a part of.
Hutt’s goal is to provide diversified exposure to blockchain in a low-risk, low-volatility way. They invest in startup funds and then use that revenue to directly invest in the best companies. When deciding what to invest in, Brooke looks for insight from his network and the reputation of the companies.
Investing