Tuesday Apr 19, 2022
Speaking with Dmitry Buterin, Father of Vitalik Buterin, Creator of Ethereum
In this episode, the yWhales team speaks with Dmitry Buterin, an entrepreneur, mentor, blockchain investor and founder of three multi-million dollar businesses, including the top-ranked membership management software company, Wild Apricot, which serves over 20,000 non-profit organizations. Dmitry shares his perspective on cryptocurrency as the father of Vitalik Buterin, creator of Ethereum. He discusses how his parenting parallels his philosophy for a successful business and how he raised a successful son into the crypto space.
About Guests
Dmitry Buterin grew up in the Soviet Union, in Grozny, Chechnya, and then moved to Moscow at the age of 17 to study Computer Science at the Moscow Institute of Electronic Engineering (MIET). In 1994, he started his career working briefly at DialogBank as a software engineer, and then at Arthur Andersen Business Consulting as a computer systems consultant (ERP/Financial systems). In 1997, he co-founded his first business, Columbus Russia, a financial software reseller and consultancy. He has been a serial tech entrepreneur ever since. Each venture has been bootstrapped and never raised outside capital. Three of his businesses have reached seven figures in revenue (Columbus Russia, Bonasource, Wild Apricot), and one of them reached eight figures (Wild Apricot). At the end of 1999, he moved to Canada, and has been living in Toronto ever since. From 2006-2017 he ran Wild Apricot, a SaaS serving over 20,000 small nonprofits. Wild Apricot was acquired in September 2017, and he transitioned out of the business in December 2017.
You’ll learn about:
- Dimitry’s background with cryptocurrency
- How Dmitry nurtured his son’s interest in crypto with boundaries
- How being a father parallels with his philosophy for a successful business
- What he instilled for Vitalik to stay humble with his mass success
- His perspective on Ethereum and the crypto space
Resources:
Connect with Dmitry Buterin: LinkedIn | Website
Connect with YWhales: Website | BitClout | Twitter
Timestamps
[01:23] Dmitry’s background
[07:32] Dmitry’s position as a father
[15:50] Philosophy for a successful business
[21:26] Early pain points
[26:09] Staying humble with mass success
[32:37] Freedom and creativity
[35:14] Multi-chain ecosystems
[39:49] Continued technological improvements
[45:42] ETH 2.0 - PoS
[48:30] ETH Tokenomics
[53:23] NFTs
[1:00:59] The current state of affairs
[1:07:59] Alpha
DISCLAIMER: yWhales is not affiliated with YPO but at this time only allow for YPO, YPO Gold, and YNG members due to privacy & confidentiality. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.
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