ABOUT MULTICOIN CAPITAL

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets.

Since founding the firm in May 2017, we have quickly grown to become one of the preeminent firms in crypto. We are widely recognized for our public investments, technical depth, and strong relationships —both in the U.S. and abroad.

While our mandate is to produce exemplary returns for our investors, we also feel the call to shepherd one of the most promising, complex, fast-moving asset classes in modern history to mainstream adoption.

We’re equal parts realists and believers. All of us are here because we simply had to be—this work is the opportunity of a lifetime.

We’re looking for an analyst that shares our passion and curistoty to join our core team.

https://multicoin.capital/

JOB DESCRIPTION

Role: Analyst Job Type: Full-time

This is a full-time analyst position. As with all of our analyst positions, the duration of this program is two years with a conditional opportunity to extend.

As a full-time analyst, you’ll be expected to be an active member of the investment team. Your work will be wide-ranging and hands on, and will require you to play in many different crypto arenas. You will be expected to meet with teams, conduct analysis, write internal memos, and present to the broader team, among other things.

Writing, curiosity, and critical thinking are by far the most important attributes for team members in this position. We don't over index on resumes or accolades. We’re looking for individuals that have a strong, foundational understanding of the blockchain industry and that know how to think from first principles.

While it’s necessary, we’re also especially fond of candidates who are technical, and/or who can read or speak other languages (Chinese, Korean, Russian, or Japanese).

APPLICATION PROCESS

This is a hands-on, interactive position, therefore, this is an interactive application process.

The first step in the process is to produce a written analysis that's on par with the essays we publish on our blog. We don't expect you to write a 12-page formal asset analysis. But the quality of your application essay should be on par with what we regularly produce. Please read our blog to establish a baseline prior to applying.

We’re looking for applicants to present a sound hypothesis and then to substantiate it. Any subject within crypto is fair game so long as you’re specific—be as specific as possible.

The more contrarian, the better, too.

We are not looking for macro theses, such as "Bitcoin is going to change the world for X, Y, and Z reasons," or "Why Smart Contracts Matter," or "Why Jamie Dimon is wrong about Bitcoin," or "How blockchains are going to reshape X." We are also not looking for an overview of crypto generally or any one particular asset. We’re looking for you to be very specific, and to take a non-consensus view and defend it.

There are a few ways to accomplish this. You could write something like the Trust Spectrum, Infinite Scale, or The Day Crypto Market Structure Broke. You could call out some deep flaw or failed token mechanic in a high profile project and explain the impact on valuation. You could highlight a trend that is failing or working across a number of projects that demonstrate your ability to differentiate signals from noise. Anything that demonstrates deep analysis and a superb understanding of the space.

We'd recommend staying away from Bitcoin or Ethereum. It is much harder to produce truly novel thoughts on those topics.

Any length is fine. If you can blow us away in 50 words, great. Proving you write concisely is fantastic. Feel free to leverage any graphics or videos from around the web to make your case. Or make your own. Whatever's necessary to get the point across clearly.

This application process should be arduous. It should take a lot of time. It should result in one of the best pieces of content you've ever written. You should be proud of your output. Do not optimize for speed. Optimize for quality.

If you're concerned that we're close to issuing an offer to someone else and don't want to risk the time commitment, just ask.

TO APPLY

To apply, please email your resume and application essay to Kyle at kyle@multicoin.capital using the subject "RA applicant - [Your name]."

Feel free to engage Kyle on Twitter (@kylesamani) as you're thinking about or crafting your application.

We do not look at applicants who click "I'm Interested" or "Apply" buttons on AngelList.

We look forward to hearing from you.