TLDR: Venture Capital Guru Touts Crypto Work as Asymmetric Career Opportunity
Key Points:
- Venture capital investor Jonathan Wu claims that switching to crypto work is highly beneficial for one’s career due to less competition, faster career acceleration, and asymmetric opportunities in the sector.
- The industry attracts ambitious and unconventional people, providing an accelerated training ground for traders and investors.
In a recent article by Benzinga, it was highlighted that Jonathan Wu, an investor at a preseed fund in New York City, went viral on social media for touting work in the crypto industry as one of the most asymmetric opportunities for one’s career. Wu believes that making a switch to crypto offers less competition, faster career growth, and unique opportunities not found in other sectors.
Wu emphasizes the “low-status moat” in the crypto industry, which deters many from entering, similar to how experienced professionals in real estate advise new graduates to become commercial brokers. However, he believes that working in crypto aligns with Paul Graham’s advice of staying at the leading edge of a rapidly changing field, providing valuable training and growth opportunities.
The article also discussed reactions from other industry experts, such as the chief legal officer at Variant Fund, who encouraged lawyers to explore the opportunities in crypto. Additionally, a DeFi analyst highlighted the positive aspects of working in the sector despite initial skepticism from peers.
Overall, the article underlines the potential for rapid career growth and personal development in the crypto industry, despite perceived challenges, making it an attractive and rewarding field for professionals looking for asymmetrical career opportunities.
