Bankless · Monday, September 7, 2026
Austin Barack, founder of Relayer Capital, outlines his investment strategy focused on the intersection of growth and value in crypto markets. He emphasizes that successful strategies evolve, and what worked in previous market cycles may not apply today, highlighting the importance of finding assets that are growing quickly while also being valued reasonably.
“And those are being at the intersection of growth and value. And what I mean by that is no one comes to crypto because they're looking to find a company that's, you know, growing 10% a year and trading at a 4x multiple.”
“So when I say growth and value, companies and tokens and projects that are growing most quickly. But also, you have the most margin for opportunity when they're also valued very reasonably.”
“And because capital in crypto has these very cyclical patterns, where at times things are very overbid, and at times things are, you know, very oversold, you get these moments in time that often persist where there's actually growth and value, which is something you typically don't see.”