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In this episode of The Hedgineer Podcast, Neel Somani discusses the differences between business development (BD) in traditional startups and crypto companies. He explains that while there is overlap, the focus can be quite different. For crypto companies, there is an ecosystem component where people own the token and feel part of the community, whch is also liquid. On the other hand, for traditional C corps, the value of equity is typically informed by the cash flows coming in and while the equity is relativel illiquid. However, the 0 to 1 phase of finding a use case that people are excited about is similar for both traditional and crypto companies. Topics covered include: Differences in BD/CD between in traditional startups and crypto companies Ecosystem component of owning tokens in crypto companies for Business Development Value accrual to tokens in crypto companies is important element of BD Similarities in the 0 to 1 phase of finding a use case for traditional and crypto companies Learn more about Neel Somani CEO and founder of Eclipse Website: https://www.eclipse.builders LinkedIn: / neelsomani -------------------------------------------------------------------------------------------------------------------------------------------------------------- Welcome to our channel, where we explore the intersection of software engineering, blockchain technology, finance, and more. Each episode features expert guests from diverse industries, including hedge funds and startups, who share their unique perspectives on these topics. From the challenges of software engineering at top companies like SpaceX and Citadel, to the latest trends in blockchain and DeFi, we cover a wide range of subjects. Our show also provides valuable insights on blockchain as a service protocol, software engineering careers, and other tech-related topics. Join us for engaging discussions and deep insights into the world of software engineering and blockchain technology. View More Financial Engineering Videos Below: (A Day In The Life Of A Finance Software Engineer W/ Brian Mahlstedt Ex-SpaceX | Ex-Citadel) - • A Day In The Life... -------------------------------------------------------------------------------------------------------------------------------------------------------------- Hedgineer is a technology company and media platform founded by Michael Watson (Ex-Citadel MD) building AI and risk management software for hedge funds, trading, and finance. Learn more about Michael Watson Ex-Citadel engineer Website: https://www.hedgineer.io/ LinkedIn: / michaelda. . -------------------------------------------------------------------------------------------------------------------------------------------------------------- STAY TUNED: Slack: https://hedgineer.slack.com/ Spotify: https://open.spotify.com/show/0Aq6pxd... Apple Podcast: https://podcasts.apple.com/us/podcast... Instagram: / hedgineer Twitter: / hedgineering LinkedIn: / hedg. . TikTok: / hedgineer