Daniel Naeff is the founder of Oakura, a platform where curated startups and vetted experts engage to create next generation businesses. We’ll get into what this actually means in the episode. He also served as the COO of Teralytics, one of Switzerland’s leading data analytics startups. He is also on the board of directors of the ETH Alumni - one of the world’s top 10 universities. We’ll take about bootstrapping vs. funding your company via venture capital, how to make smarter decisions as a founder, hiring the best team, favorite books, and much more. Please follow me on Instagram (https://www.instagram.com/remokyburz/), Twitter (https://twitter.com/TheRemoKyburz), and my Website (http://www.leaptakers.com/), where I post new episodes, share cool stuff & interesting articles I found, blog occasionally, and provide glimpses into my life!Show notes:01:52 -- How and why Daniel got into entrepreneurship07:50 -- Daniel’s time at MIT and how he got there09:22 -- Recommendations and reasons for studying abroad11:02 -- Diamond Heels - Daniel’s first startup15:30 -- Teralytics and Daniel’s role17:45 -- What is the right type of funding for your startup & how Venture Capital (VC) is broken22:30 -- Why Daniel left Teralytics & next steps24:20 -- Using insights to help out the next generation of startups26:40 -- How Oakura started - Using blockchain technology to disrupt the traditional VC model29:19 -- How to decide if you should continue or stop your current project - “Think in different scenarios”30:20 -- Leveraging Essentialist thinking and the concept of “sunk costs” to help making important life decisions33:20 -- Tips on hiring and assembling the best team36:34 - Should you start a company with your friends or not?40:00 -- What does Oakura mean41:50 -- What’s the purpose of Oakura and how it could revolutionize the venture industry49:20 -- How Oakura is tokenizing startup equity51:18 -- Daniel’s favorite books53:30 -- Unique hobbies and how to distract your mind from the daily entrepreneurial work 55:48 -- Thought experiments58:25 -- Advice to your younger self / university students1:00:00 -- Closing thoughtsResources mentioned:* ETH Juniors (https://www.ethjuniors.ch/)* “We don’t make movies to make money, we make money to make more movies.” - Walt Disney* The Power of Habit - Charles Duhigg (https://www.amazon.de/gp/product/1847946240/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=remokyburz-21&creative=6742&linkCode=as2&creativeASIN=1847946240&linkId=d1c6acda5b98f635f48c308e50843ced)* The 48 laws of power - Robert Greene (https://www.amazon.de/gp/product/1861972784/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=remokyburz-21&creative=6742&linkCode=as2&creativeASIN=1861972784&linkId=bddf084403d59214f009786143bece92)* Sapiens - Yuval Noah Harari (https://www.amazon.de/gp/product/0099590085/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=remokyburz-21&creative=6742&linkCode=as2&creativeASIN=0099590085&linkId=df19cc57da6347828e93c1aa351577bd)If you're enjoying the podcast, the best way to support the show is by leaving a review on iTunes (https://podcasts.apple.com/ch/podcast/the-leap-takers-podcast/id1468975811?l=en) or your favorite podcast app. Special Guest: Daniel Naeff.