14

“Getting OurAsses Kicked”

Too much success makes you not as hungry. Not as disciplined. Not as paranoid,” Olaf says, sipping tea in a Manhattan restaurant in 2019.

It’s been years since the day he first turned up for work at Coinbase with a single Uniqlo dress shirt to his name. Olaf doesn’t look boyish anymore, but his eyes still sparkle with the same intensity, and he’s as eager as ever to talk about lucid dreaming. Now in his early thirties, Olaf has the improbable task of managing money for Andreessen Horowitz and other high-wattage VC firms through his crypto fund, Polychain Capital. He still cares deeply about Coinbase—he and Brian are close friends—but frets about what his former employer has grown into.

“Coinbase got too comfortable,” ...

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