Herman Narula: Enabling the Metaverse - [Making Markets, EP.41]

Herman Narula: Enabling the Metaverse - [Making Markets, EP.41]

Author: Colossus | Investing & Business Podcasts August 9, 2024 Duration: 49:18

My guest this week is Herman Narula, the CEO of Improbable. Improbable is an ambitious company that is building the infrastructure for an open metaverse. We dive into his vision for the metaverse, the technical requirements, the economic model, the role of blockchain, and more. We also cover the issues with AI regulations and the gaming industry. Please enjoy this conversation with Herman Narula.


For the full show notes, transcript, and links to mentioned content, check out the episode page here.

-----

Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.

Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.

Follow us on Twitter: @makingmkts | @ericgoldenx

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).


Show Notes:

(00:00:00) Welcome to Making Markets

(00:01:54) Improbable's Journey and Vision

(00:03:28) Challenges and Learnings in Tech and Business

(00:05:16) The Evolution of Improbable and the Metaverse

(00:08:23) Blockchain and Gaming: A New Frontier

(00:18:14) Technical Innovations and Future Prospects

(00:24:35) Building Your Own Metaverse Ecosystem

(00:24:50) Value Accrual and Business Model

(00:25:19) Venture Building and Equity Participation

(00:26:01) Unique Experiences and Better Economics

(00:26:36) Massive Multiplayer Capabilities

(00:28:38) Creative and Social Experiments

(00:30:57) Governance and IP Protection

(00:36:13) Regulation of Technology and AI

(00:45:21) AI in Game Development

Learn more about your ad choices. Visit megaphone.fm/adchoices


Eric Golden hosts Making Markets, a podcast that digs into the often unseen mechanics and human behaviors driving how value is assigned and traded. Rather than just analyzing charts or headlines, conversations focus on the underlying architecture-the rules, relationships, and psychology-that defines how any marketplace functions. This approach means that one episode might dissect the familiar terrain of bonds or equities, while the next ventures into the specialized worlds of fine art, cryptocurrency, or even vineyard acquisitions. The common thread is a curiosity about the actual transactions and the people who facilitate them, providing a tangible sense of what occurs when assets change hands. By speaking with practitioners and experts each week, the show demystifies the complex systems that form the backbone of global commerce, offering listeners a clearer picture of economic forces at work. As part of the Colossus network of investing and business podcasts, Making Markets builds a comprehensive library of knowledge, turning abstract concepts into accessible narratives. It’s for anyone who has ever wondered about the real-world machinery operating behind the curtain of daily financial news.
Author: Language: English Episodes: 100

Making Markets
Podcast Episodes
Richard Teng: Binance's Next Chapter - [Making Markets, EP.37] [not-audio_url] [/not-audio_url]

Duration: 56:38
My guest today is Richard Teng, the CEO of Binance. As a former regulator in Abu Dhabi, Richard was instrumental in making the city one of the world’s friendliest places for crypto. Today, he leads the world's largest cr…
Phil Huber: The Case for Private Credit - [Making Markets, EP.36] [not-audio_url] [/not-audio_url]

Duration: 43:56
My guest this week is Phil Huber, the Head of Portfolio Solutions at Cliffwater. The private credit market has exploded recently, with Assets under management reaching a staggering $1.2T last year. I’ve been a little ske…
Bob Elliott: The Goldilocks Economy - [Making Markets, EP.34] [not-audio_url] [/not-audio_url]

Duration: 53:51
My guest this week is Bob Elliott, the CIO of Unlimited Funds. Before Unlimited, Bob was on the investment committee at Bridgewater and led Ray Dalio’s personal research team for a decade. I’m a big fan of Bob’s work and…
Ben Gordon: Investing in Farmland - [Making Markets, EP.33] [not-audio_url] [/not-audio_url]

Duration: 46:54
My guest this week is Ben Gordon, the CEO of Fractal. At Fractal, Ben runs a unique strategy, providing farmers with equity capital and investors exposure to a differentiated and uncorrelated asset class. Ben starts by m…
Adam Terry: The Rise of Cannabis Beverages - [Making Markets, EP.32] [not-audio_url] [/not-audio_url]

Duration: 51:25
My guest this week is Adam Terry, the co-founder and CEO of Cantrip. A few weeks ago, Aaron Edelheit came on the show and made the pitch for investing in Cannabis Beverages. Today, we talk to one of the leading operators…
Tom Dunleavy: The State of Web3 in 2024 - [Making Markets, EP.30] [not-audio_url] [/not-audio_url]

Duration: 41:48
My guest today is Tom Dunleavy. Tom spent a decade in traditional finance before moving onto Web3. Today he is the Managing Director of the Crypto VC firm MV Global. We start this conversation by exploring the current st…
Corey Kluber: Pitching for Success - [Making Markets, EP.29] [not-audio_url] [/not-audio_url]

Duration: 42:30
My guest today is Corey Kluber. For those who don’t follow baseball, Corey Kluber was a 3-time MLB all star and one of the great pitchers of the last decade. Today, he takes us on quick tour through his career and what i…