The Decision To Hard Fork Sia with David Vorick

On this episode of Venture Stories, Erik talks to David Vorick (@DavidVorick) of Sia.David explains why a fork of Sia became necessary, even though doing so was not ideal or their preferred option. He talks about what precipitated the fork and how they came to the decision. He recounts his outreach to ASIC manufacturers and why their actions were problematic. They move on to a more general discussion of the philosophy on when to fork or not and how to manage doing so.David also gives an overview of what it takes to manufacture chips, which incumbent chipmakers might be able to move into ASICs and why a manufacturer might produce $300M worth of wafers before even knowing whether they will be functional.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner Erik Torenberg, and is produced by Brett Bolkowy.