TBV Co-Founder: "We Invested In Cattle Farms And Nobody In Crypto Is Talking About This"

What does a venture capitalist who has lived across 9 countries and 15 cities see that everyone else in crypto is completely missing? Tobias Bauer is the Co-Founder and General Partner at TBV, an early-stage venture capital fund investing in Web3 startups across Southeast Asia and North America. He is a startup mentor for 500 Startups, APX, PlugAndPlay, NUMA New York and Alchemist Accelerator, and a Venture Partner at Republic. Before TBV he worked at Chinaccelerator, Techstars, Republic, 500 Startups and Amazon Web Services, and has lived across 9 countries and 15 cities. At Istanbul Blockchain Week he sat down with BeInCrypto to share where he is investing now and why crypto keeps destroying its own credibility. Rolling StoneTime He explains: ◼️ Why living in a country for three months changes how you evaluate a startup versus visiting for two days ◼️ Why DePIN is the most underinvested sector in Web3 and why the hype disappeared before the use cases did ◼️ Why TBV invested in tokenizing cattle farms and food supply chains and why it could be bigger than tokenizing gold ◼️ Why Turkey is emerging as one of the most interesting institutional crypto markets in 2026 ◼️ Why you cannot walk into an institutional board meeting in a yellow tank top and expect to close a deal ◼️ Why most crypto partnerships are announced without any real substance behind them ◼️ Why anonymous founders hiding behind a PFP are the single biggest credibility killer in Web3 ◼️ Why two real partnerships beat twenty fake ones every single time ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ [00:00] Intro [01:00] Why Living In 9 Countries Makes You A Better Investor [02:30] Which Web3 Sector Is Most Underinvested Right Now? [03:30] Why DePIN Still Solves Real Problems Nobody Talks About [04:30] Why TBV Invested In Tokenizing Cattle Farms [06:00] Why Turkey Is On The Institutional Crypto Map [07:00] What Founders Get Wrong About Institutional Sales [08:00] Why You Cannot Wear A Tank Top To A Board Meeting [09:00] Why Most Crypto Partnerships Mean Nothing [10:00] Why Anonymous Founders Destroy Trust [11:00] What Actually Builds Credibility Before Product Market Fit ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Follow Tobias: X — https://x.com/tobiasbauer LinkedIn — https://din.com/in/tobias-man-bauer TBV — https://tbv.xyz ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BeInCrypto: 🔗 More from BeInCrypto: 👉 Subscribe: https://www.youtube.com/@Beincrypto 👉 BeInCrypto: https://beincrypto.com 👉 X / Twitter: https://twitter.com/beincrypto 👉 Telegram: https://t.me/+U8DQNp4b8Gw3YmZi ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ #TBV #TobiasBauer #Web3VC #DePIN #Tokenization #RWA #CryptoVC #IstanbulBlockchainWeek #Web3Investing #BeInCrypto