Olaf Carlson-Wee wrote his undergraduate thesis on Bitcoin in 2012 and joined Coinbase in 2013 as its first employee, taking his entire salary in Bitcoin to demonstrate his conviction in crypto before it became mainstream. He was among the earliest investors to focus on protocol tokens and Web3 networks as investable assets rather than just companies, helping define a new category of crypto venture investing with his ultra long-term, almost never-sell approach. Olaf Carlson-Wee wrote his undergraduate thesis on Bitcoin in 2012 and joined Coinbase in 2013 as its first employee, taking his entire salary in Bitcoin to demonstrate his conviction in crypto before it became mainstream. He was among the earliest investors to focus on protocol tokens and Web3 networks as investable assets rather than just companies, helping define a new category of crypto venture investing with his ultra long-term, almost never-sell approach.